BlackRock Municipal Income Fund, Inc. (NYSE:MUI – Get Free Report) announced a monthly dividend on Thursday, September 12th, NASDAQ reports. Investors of record on Tuesday, October 15th will be paid a dividend of 0.055 per share on Friday, November 1st. This represents a $0.66 dividend on an annualized basis and a dividend yield of 5.24%. The ex-dividend date is Tuesday, October 15th.
BlackRock Municipal Income Fund has decreased its dividend payment by an average of 10.3% per year over the last three years.
BlackRock Municipal Income Fund Trading Down 0.3 %
MUI opened at $12.60 on Friday. The business’s 50-day moving average is $12.49 and its two-hundred day moving average is $12.22. BlackRock Municipal Income Fund has a 1 year low of $9.73 and a 1 year high of $12.83.
About BlackRock Municipal Income Fund
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.
Recommended Stories
- Five stocks we like better than BlackRock Municipal Income Fund
- 3 Healthcare Dividend Stocks to Buy
- Why Fastenal Stock Could Hit New Highs After Strong Q3 Results
- Investing In Automotive Stocks
- Why Eli Lilly Stock Is Soaring—and How It Plans to Stay on Top
- Golden Cross Stocks: Pattern, Examples and Charts
- 3 Mid-Cap Stocks Under $20 With Insider Buying and Major Upside
Receive News & Ratings for BlackRock Municipal Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Municipal Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
