BlackRock Enhanced Government Fund, Inc. Announces Monthly Dividend of $0.04 (NYSE:EGF)

BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Investors of record on Wednesday, May 15th will be given a dividend of 0.041 per share on Friday, May 31st. This represents a $0.49 dividend on an annualized basis and a yield of 5.29%. The ex-dividend date of this dividend is Tuesday, May 14th.

BlackRock Enhanced Government Fund has increased its dividend by an average of 14.0% annually over the last three years.

BlackRock Enhanced Government Fund Stock Up 0.3 %

NYSE EGF traded up $0.03 on Friday, hitting $9.30. 161 shares of the company were exchanged, compared to its average volume of 7,919. BlackRock Enhanced Government Fund has a 1-year low of $9.02 and a 1-year high of $10.19. The firm has a 50 day moving average of $9.34 and a two-hundred day moving average of $9.53.

BlackRock Enhanced Government Fund Company Profile

BlackRock Enhanced Government 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 a portfolio of United States government and government agency securities, including the U.S.