BlackRock Municipal Income Fund, Inc. (NYSE:MUI – Get Free Report) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be paid 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 is Friday, February 14th.
BlackRock Municipal Income Fund has raised its dividend payment by an average of 0.6% annually over the last three years.
BlackRock Municipal Income Fund Price Performance
BlackRock Municipal Income Fund stock opened at $12.07 on Wednesday. The firm has a fifty day moving average of $12.33 and a 200-day moving average of $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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