Managed Duration Invtmt Grd Mun Fund (MZF) to Issue Monthly Dividend of $0.05
Managed Duration Invtmt Grd Mun Fund (NYSE:MZF) declared a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, November 15th will be given a dividend of 0.045 per share on Thursday, November 30th. This represents a $0.54 annualized dividend and a dividend yield of 3.99%. The ex-dividend date is Tuesday, November 14th.
Managed Duration Invtmt Grd Mun Fund has decreased its dividend payment by an average of 8.4% annually over the last three years.
TRADEMARK VIOLATION NOTICE: “Managed Duration Invtmt Grd Mun Fund (MZF) to Issue Monthly Dividend of $0.05” was first published by American Banking News and is owned by of American Banking News. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of United States & international trademark & copyright laws. The original version of this piece can be accessed at https://www.americanbankingnews.com/2017/11/02/managed-duration-invtmt-grd-mun-fund-mzf-to-issue-monthly-dividend-of-0-05.html.
Managed Duration Invtmt Grd Mun Fund Company Profile
Managed Duration Investment Grade Municipal Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide its common shareholders with high current income exempt from regular federal income tax while seeking to protect the value of the Fund’s assets during periods of interest rate volatility.
Receive News & Ratings for Managed Duration Invtmt Grd Mun Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Managed Duration Invtmt Grd Mun Fund and related companies with MarketBeat.com's FREE daily email newsletter.