Blackrock Muni Intermediate Drtn Fnd Inc (NYSE:MUI) announced a monthly dividend on Monday, February 4th, Wall Street Journal reports. Stockholders of record on Friday, February 15th will be paid a dividend of 0.0445 per share on Friday, March 1st. This represents a $0.53 annualized dividend and a dividend yield of 4.03%. The ex-dividend date of this dividend is Thursday, February 14th.
Blackrock Muni Intermediate Drtn Fnd has decreased its dividend by an average of 7.4% annually over the last three years.
Shares of NYSE MUI opened at $13.25 on Friday. Blackrock Muni Intermediate Drtn Fnd has a 12-month low of $12.30 and a 12-month high of $13.53.
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.
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