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

Blackrock MuniEnhanced Fund Inc. (NYSE:MEN) announced a monthly dividend on Thursday, November 1st, NASDAQ reports. Shareholders of record on Thursday, November 15th will be paid a dividend of 0.048 per share by the closed-end fund on Monday, December 3rd. This represents a $0.58 dividend on an annualized basis and a yield of 5.86%. The ex-dividend date is Wednesday, November 14th.

Blackrock MuniEnhanced Fund has decreased its dividend by an average of 8.5% per year over the last three years.

Shares of MEN stock traded up $0.08 during mid-day trading on Friday, hitting $9.83. 909 shares of the company’s stock were exchanged, compared to its average volume of 67,535. Blackrock MuniEnhanced Fund has a fifty-two week low of $9.63 and a fifty-two week high of $12.26.

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About Blackrock MuniEnhanced Fund

There is no company description available for BlackRock MuniEnhanced Fund, Inc.

Further Reading: Cost of Capital

Dividend History for Blackrock MuniEnhanced Fund (NYSE:MEN)

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