BlackRock MuniVest Fund, Inc. (NYSE:MVF) Announces $0.04 Monthly Dividend

BlackRock MuniVest Fund, Inc. (NYSE:MVF) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be paid a dividend of 0.036 per share on Monday, February 3rd. This represents a $0.43 dividend on an annualized basis and a dividend yield of 5.97%. The ex-dividend date is Wednesday, January 15th.

BlackRock MuniVest Fund has decreased its dividend payment by an average of 13.4% per year over the last three years.

BlackRock MuniVest Fund Price Performance

Shares of MVF stock traded up $0.04 during trading hours on Friday, reaching $7.24. The company had a trading volume of 36,703 shares, compared to its average volume of 94,152. BlackRock MuniVest Fund has a twelve month low of $6.73 and a twelve month high of $7.64. The stock’s fifty day simple moving average is $7.27 and its 200 day simple moving average is $7.36.

About BlackRock MuniVest Fund

BlackRock MuniVest 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 the fixed income markets of the United States. It primarily invests in investment grade, long term municipal obligations that are exempt from federal income taxes.