BlackRock Municipal Income Fund, Inc. (NYSE:MUI – Get Free Report) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be given a dividend of 0.055 per share on Wednesday, February 26th. This represents a $0.66 annualized dividend and a yield of 5.47%. The ex-dividend date of this dividend is Friday, February 14th.
BlackRock Municipal Income Fund has increased its dividend by an average of 0.6% annually over the last three years.
BlackRock Municipal Income Fund Stock Up 0.1 %
MUI traded up $0.02 during mid-day trading on Tuesday, reaching $12.07. The stock had a trading volume of 540,175 shares, compared to its average volume of 467,967. The firm’s fifty day simple moving average is $12.33 and its two-hundred day simple moving average is $12.42. BlackRock Municipal Income Fund has a 52 week low of $11.46 and a 52 week high of $12.83.
BlackRock Municipal Income Fund Company Profile
BlackRock Muni Intermediate Duration 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 fixed income markets. It primarily invests in investment grade municipal bonds exempt from federal income taxes and with a duration of three to ten years at the time of investment.
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