BlackRock MuniVest Fund II, Inc. (NYSE:MVT) to Issue Monthly Dividend of $0.05

BlackRock MuniVest Fund II, Inc. (NYSE:MVT) announced a monthly dividend on Friday, January 2nd. Stockholders of record on Tuesday, January 20th will be paid a dividend of 0.054 per share by the financial services provider on Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend is Tuesday, January 20th.

BlackRock MuniVest Fund II Stock Up 0.7%

NYSE:MVT opened at $10.88 on Friday. BlackRock MuniVest Fund II has a 52 week low of $9.71 and a 52 week high of $11.19. The firm’s 50-day simple moving average is $10.71 and its 200 day simple moving average is $10.54.

BlackRock MuniVest Fund II Company Profile

BlackRock MuniVest Fund II (NYSE: MVT) is a closed-end management investment company that seeks to provide current income exempt from federal income tax. Listed on the New York Stock Exchange, the fund primarily invests in a diversified portfolio of U.S. municipal obligations, including general obligation bonds, revenue bonds and variable rate instruments. As a municipally focused fund, it aims to capture tax-efficient yields while managing credit and duration risk.

The fund’s investment strategy emphasizes fundamental credit analysis and sector diversification across various issuers at the state, city and local levels.