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 dividend yield of 5.47%. The ex-dividend date is Friday, February 14th.
BlackRock Municipal Income Fund has raised its dividend payment by an average of 0.6% per year over the last three years.
BlackRock Municipal Income Fund Stock Performance
NYSE:MUI traded up $0.02 during trading hours on Tuesday, reaching $12.07. The company had a trading volume of 540,175 shares, compared to its average volume of 467,967. The stock has a 50-day moving average of $12.33 and a two-hundred day moving average of $12.42. BlackRock Municipal Income Fund has a one year low of $11.46 and a one year 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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