BlackRock MuniVest Fund Inc. Declares Monthly Dividend of $0.05 (MVF)

BlackRock MuniVest Fund Inc. Declares Monthly Dividend of $0.05 (MVF)

BlackRock MuniVest Fund Inc. (NYSE:MVF) declared a monthly dividend on Tuesday, May 2nd. Investors of record on Monday, May 15th will be paid a dividend of 0.046 per share by the investment management company on Thursday, June 1st. This represents a $0.55 annualized dividend and a dividend yield of 5.70%. The ex-dividend date is Thursday, May 11th.

BlackRock MuniVest Fund has decreased its dividend payment by an average of 4.5% annually over the last three years.

Shares of BlackRock MuniVest Fund (NYSE:MVF) traded up 0.31% on Friday, hitting $9.69. 148,633 shares of the company traded hands. The firm has a market capitalization of $623.47 million and a P/E ratio of 10.04. The firm’s 50-day moving average is $9.66 and its 200 day moving average is $9.78. BlackRock MuniVest Fund has a 1-year low of $9.34 and a 1-year high of $11.26.

BlackRock MuniVest Fund Company Profile

BlackRock MuniVest Fund, Inc is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management.

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