BlackRock Municipal Income Fund, Inc. (NYSE:MUI – Get Free Report) declared a monthly dividend on Thursday, August 1st, Zacks reports. Investors of record on Thursday, August 15th will be paid a dividend of 0.055 per share on Tuesday, September 3rd. This represents a $0.66 annualized dividend and a yield of 5.32%. The ex-dividend date of this dividend is Thursday, August 15th.
BlackRock Municipal Income Fund has decreased its dividend by an average of 10.3% annually over the last three years.
BlackRock Municipal Income Fund Price Performance
NYSE:MUI traded up $0.02 on Friday, hitting $12.41. The company had a trading volume of 203,559 shares, compared to its average volume of 183,350. The firm has a 50 day moving average of $12.27 and a two-hundred day moving average of $11.97. BlackRock Municipal Income Fund has a 52 week low of $9.73 and a 52 week high of $12.46.
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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