Dividend Buzzer: Blackrock Muni Intermediate Duration Fund Inc (NYSE:MUI) advises to “Mark your calendars” for Dec 1, 2016; dividends expected to reach $0.06.

Dividend Buzzer: Blackrock Muni Intermediate Duration Fund Inc (NYSE:MUI) advises to

Blackrock Muni Intermediate Duration Fund Inc (NYSE:MUI) is expected to pay $0.06 on Dec 1, 2016. The indicated annual dividend is $0.78. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on Blackrock Muni Intermediate Duration Fund Inc’s current price of $14.61, the dividend is 0.38%. This dividend’s record date is Nov 15, 2016 and the announcement date is Nov 2, 2016. The stock decreased 0.68% or $0.1 on November 8, hitting $14.61. Blackrock Muni Intermediate Drtn Fnd Inc (NYSE:MUI) has declined 2.14% since April 7, 2016 and is downtrending. It has underperformed by 6.93% the S&P500.

BlackRock Muni Intermediate Duration Fund, Inc. is a closed-end management investment company. The company has a market cap of $562.18 million. The Fund’s investment objective is to provide common shareholders with high current income exempt from federal income taxes. It currently has negative earnings. The Fund seeks to achieve its investment objective by investing approximately 80% of its assets in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax).

Insitutional Activity: The institutional sentiment decreased to 0.96 in 2016 Q2. Its down 0.22, from 1.18 in 2016Q1. The ratio fall, as 7 funds sold all Blackrock Muni Intermediate Drtn Fnd Inc shares owned while 20 reduced positions. 10 funds bought stakes while 16 increased positions. They now own 5.78 million shares or 3.27% more from 5.60 million shares in 2016Q1.
Grimes And Incorporated accumulated 0.03% or 13,192 shares. Oppenheimer & Communication Inc has invested 0.01% of its portfolio in Blackrock Muni Intermediate Drtn Fnd Inc (NYSE:MUI). Raymond James & holds 0% of its portfolio in Blackrock Muni Intermediate Drtn Fnd Inc (NYSE:MUI) for 82,470 shares. Landscape Ltd Liability Com last reported 0.03% of its portfolio in the stock. Moreover, Jpmorgan Chase And has 0% invested in Blackrock Muni Intermediate Drtn Fnd Inc (NYSE:MUI) for 1,275 shares. Fiera Capital Corp holds 228,598 shares or 0.02% of its portfolio. Fifth Third Natl Bank holds 2 shares or 0% of its portfolio. Van Eck Associates Corporation has invested 0.01% of its portfolio in Blackrock Muni Intermediate Drtn Fnd Inc (NYSE:MUI). The Pennsylvania-based Tfs Capital Lc has invested 0.14% in Blackrock Muni Intermediate Drtn Fnd Inc (NYSE:MUI). The Ontario – Canada-based State Bank Of Montreal Can has invested 0% in Blackrock Muni Intermediate Drtn Fnd Inc (NYSE:MUI). Benjamin F Edwards Com Incorporated holds 0.03% of its portfolio in Blackrock Muni Intermediate Drtn Fnd Inc (NYSE:MUI) for 11,054 shares. Royal Bank & Trust Of Canada holds 0% or 16,062 shares in its portfolio. Finemark State Bank And holds 0% of its portfolio in Blackrock Muni Intermediate Drtn Fnd Inc (NYSE:MUI) for 1,155 shares. The Nebraska-based Ameritas Investment Prtn has invested 0% in Blackrock Muni Intermediate Drtn Fnd Inc (NYSE:MUI). Cambridge Investment Research has invested 0.01% of its portfolio in Blackrock Muni Intermediate Drtn Fnd Inc (NYSE:MUI).

MUI Company Profile

BlackRock Muni Intermediate Duration Fund, Inc. (the Fund), formerly Muni Intermediate Duration Fund, Inc., is a non-diversified, closed-end management investment company. It seeks to provide shareholders with high current income exempt from federal income taxes.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment