BlackRock Municipal Income Fund, Inc. (NYSE:MUI – Get Free Report) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors 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 dividend on an annualized basis 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 Price Performance
NYSE MUI traded up $0.05 during trading hours 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 fifty-two week low of $11.35 and a fifty-two week high of $12.83. The business has a fifty day simple moving average of $12.46 and a 200-day simple moving average of $12.44.
About BlackRock Municipal Income Fund
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.
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