BlackRock MuniVest Fund, Inc. (MVF) to Issue Monthly Dividend of $0.04 on December 31st

BlackRock MuniVest Fund, Inc. (NYSE:MVF) declared a monthly dividend on Friday, December 12th. Shareholders of record on Monday, December 22nd will be given a dividend of 0.036 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Monday, December 22nd.

BlackRock MuniVest Fund Stock Performance

Shares of MVF remained flat at $6.90 during midday trading on Friday. The stock had a trading volume of 143,367 shares, compared to its average volume of 138,312. The firm has a fifty day moving average of $6.96 and a 200 day moving average of $6.78. BlackRock MuniVest Fund has a 12 month low of $6.43 and a 12 month high of $7.37.

About BlackRock MuniVest Fund

BlackRock MuniVest Fund, Inc (NYSE: MVF) is an actively managed, closed-end investment company that seeks to provide current income exempt from federal income tax, with a secondary objective of capital appreciation. The Fund primarily invests in investment-grade municipal securities issued by U.S. states, territories, municipalities, agencies and authorities. By focusing on high-quality tax-exempt bonds, the fund aims to deliver a steady stream of federally tax-exempt distributions to its shareholders.

The fund’s portfolio typically includes bonds across a range of maturities and sectors, with an emphasis on intermediate to long-term durations.