BlackRock MuniVest Fund, Inc. Declares Monthly Dividend of $0.04 (NYSE:MVF)

BlackRock MuniVest Fund, Inc. (NYSE:MVF - Get Free Report) announced a monthly dividend on Monday, May 5th, Wall Street Journal reports. Investors of record on Thursday, May 15th will be paid a dividend of 0.036 per share on Monday, June 2nd. This represents a $0.43 annualized dividend and a yield of 6.28%. The ex-dividend date of this dividend is Thursday, May 15th.

BlackRock MuniVest Fund has decreased its dividend payment by an average of 1.5% annually over the last three years.

BlackRock MuniVest Fund Stock Up 0.1 %

Shares of MVF traded up $0.01 during midday trading on Friday, reaching $6.88. 64,988 shares of the stock were exchanged, compared to its average volume of 106,247. BlackRock MuniVest Fund has a twelve month low of $6.50 and a twelve month high of $7.64. The business's 50-day moving average price is $6.92 and its 200 day moving average price is $7.14.

About BlackRock MuniVest Fund

BlackRock MuniVest Fund, Inc is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade, long term municipal obligations that are exempt from federal income taxes.