BlackRock MuniEnhanced Fund, Inc. (MEN) Declares $0.05 Monthly Dividend

BlackRock MuniEnhanced Fund, Inc. (NYSE:MEN) announced a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Tuesday, January 16th will be given a dividend of 0.048 per share by the closed-end fund on Thursday, February 1st. This represents a $0.58 annualized dividend and a dividend yield of 4.96%. The ex-dividend date of this dividend is Friday, January 12th.

BlackRock MuniEnhanced Fund has decreased its dividend payment by an average of 0.7% per year over the last three years.

BlackRock MuniEnhanced Fund (NYSE:MEN) traded up $0.02 during midday trading on Wednesday, hitting $11.61. The company had a trading volume of 77,895 shares, compared to its average volume of 83,350. BlackRock MuniEnhanced Fund has a 12 month low of $11.02 and a 12 month high of $12.45.

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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.

Dividend History for BlackRock MuniEnhanced Fund (NYSE:MEN)

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