Blackrock MuniEnhanced Fund Inc. (MEN) to Issue Monthly Dividend of $0.06
Blackrock MuniEnhanced Fund Inc. (NYSE:MEN) declared a monthly dividend on Friday, September 1st, NASDAQ reports. Investors of record on Friday, September 15th will be paid a dividend of 0.056 per share by the closed-end fund on Monday, October 2nd. This represents a $0.67 annualized dividend and a yield of 5.49%. The ex-dividend date of this dividend is Thursday, September 14th.
Blackrock MuniEnhanced Fund has decreased its dividend by an average of 0.7% annually over the last three years.
Shares of Blackrock MuniEnhanced Fund (NYSE MEN) traded up 0.1613% on Friday, reaching $12.2297. The company had a trading volume of 51,100 shares. Blackrock MuniEnhanced Fund has a one year low of $10.92 and a one year high of $12.92. The company’s 50-day moving average is $12.25 and its 200-day moving average is $11.85.
Blackrock MuniEnhanced Fund Company Profile
BlackRock MuniEnhanced Fund, Inc (the Fund) is a non-diversified closed-end management investment company. The Fund’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 investment management.
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