BlackRock Municipal Income Fund, Inc. Announces Monthly Dividend of $0.06 (NYSE:MUI)

BlackRock Municipal Income Fund, Inc. (NYSE:MUI) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.055 per share on Monday, February 3rd. This represents a $0.66 annualized dividend and a yield of 5.39%. The ex-dividend date is Wednesday, January 15th.

BlackRock Municipal Income Fund has decreased its dividend by an average of 10.3% annually over the last three years.

BlackRock Municipal Income Fund Stock Up 0.4 %

MUI traded up $0.05 on Friday, hitting $12.25. The company had a trading volume of 60,449 shares, compared to its average volume of 85,375. BlackRock Municipal Income Fund has a 1-year low of $11.35 and a 1-year high of $12.83. The company’s fifty day moving average price is $12.46 and its 200 day moving average price is $12.44.

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.