BlackRock Municipal Income Fund, Inc. (NYSE:MUI – Get Free Report) announced a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Shareholders of record on Monday, December 16th will be paid a dividend of 0.055 per share on Tuesday, December 31st. This represents a $0.66 annualized dividend and a yield of 5.19%. The ex-dividend date of this dividend is Monday, December 16th.
BlackRock Municipal Income Fund has decreased its dividend by an average of 10.3% per year over the last three years.
BlackRock Municipal Income Fund Stock Performance
Shares of NYSE MUI traded down $0.06 during mid-day trading on Friday, reaching $12.71. 159,651 shares of the company were exchanged, compared to its average volume of 291,358. BlackRock Municipal Income Fund has a twelve month low of $11.35 and a twelve month high of $12.83. The company’s 50-day simple moving average is $12.55 and its 200-day simple moving average is $12.43.
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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