Shares of Blackrock MuniEnhanced Fund Inc. (NYSE:MEN) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $11.17 and traded as low as $11.32. Blackrock MuniEnhanced Fund shares last traded at $11.34, with a volume of 28,575 shares.
The stock has a 50-day simple moving average of $11.18.
The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th will be paid a dividend of $0.039 per share. The ex-dividend date is Wednesday, August 14th. This represents a $0.47 dividend on an annualized basis and a yield of 4.13%.
About Blackrock MuniEnhanced Fund (NYSE:MEN)
BlackRock MuniEnhanced 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 the fixed income markets of the United States. It primarily invests in investment grade, long-term municipal bonds that are exempt from federal income taxes.
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