Blackrock MuniEnhanced Fund Inc. (NYSE:MEN) announced a monthly dividend on Monday, June 3rd, NASDAQ reports. Investors of record on Friday, June 14th will be given a dividend of 0.044 per share by the closed-end fund on Monday, July 1st. This represents a $0.53 annualized dividend and a dividend yield of 4.83%. The ex-dividend date of this dividend is Thursday, June 13th.
Blackrock MuniEnhanced Fund has decreased its dividend payment by an average of 4.4% annually over the last three years.
Shares of MEN stock traded up $0.05 on Wednesday, hitting $10.94. The stock had a trading volume of 385 shares, compared to its average volume of 68,766. Blackrock MuniEnhanced Fund has a one year low of $9.63 and a one year high of $10.92.
Blackrock MuniEnhanced Fund Company Profile
BlackRock MuniEnhanced 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 bonds that are exempt from federal income taxes.
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