BlackRock MuniVest Fund Inc. (NYSEAMERICAN:MVF) announced a monthly dividend on Tuesday, April 2nd, Wall Street Journal reports. Shareholders of record on Monday, April 15th will be paid a dividend of 0.0385 per share by the investment management company on Wednesday, May 1st. This represents a $0.46 annualized dividend and a dividend yield of 5.08%. The ex-dividend date is Friday, April 12th.

BlackRock MuniVest Fund has decreased its dividend payment by an average of 5.3% per year over the last three years.

Shares of NYSEAMERICAN MVF opened at $9.10 on Thursday. BlackRock MuniVest Fund has a 12-month low of $8.07 and a 12-month high of $9.14.

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BlackRock MuniVest Fund Company Profile

BlackRock MuniVest Fund, Inc is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management.

Further Reading: Purposes and Functions of the Federal Reserve

Dividend History for BlackRock MuniVest Fund (NYSEAMERICAN:MVF)

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