BlackRock Municipal Income Fund, Inc. (NYSE:MUI) Plans Monthly Dividend of $0.06

BlackRock Municipal Income Fund, Inc. (NYSE:MUI) declared a monthly dividend on Wednesday, May 1st, Zacks reports. Shareholders of record on Wednesday, May 15th will be paid a dividend of 0.055 per share on Monday, June 3rd. This represents a $0.66 dividend on an annualized basis and a dividend yield of 5.67%. The ex-dividend date of this dividend is Tuesday, May 14th.

BlackRock Municipal Income Fund Stock Performance

Shares of MUI traded up $0.11 during trading on Friday, reaching $11.64. The company’s stock had a trading volume of 100,504 shares, compared to its average volume of 182,304. The company has a fifty day moving average of $11.79 and a two-hundred day moving average of $11.41. BlackRock Municipal Income Fund has a twelve month low of $9.73 and a twelve month high of $12.09.

BlackRock Municipal Income Fund Company Profile

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.