Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Blackrock MuniEnhanced Fund (MEN) Stock Price

Media headlines about Blackrock MuniEnhanced Fund (NYSE:MEN) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Blackrock MuniEnhanced Fund earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave media headlines about the closed-end fund an impact score of 46.9793153241726 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:

Blackrock MuniEnhanced Fund (MEN) traded down 0.08% during trading on Tuesday, hitting $11.91. The stock had a trading volume of 6,102 shares. Blackrock MuniEnhanced Fund has a 1-year low of $10.92 and a 1-year high of $12.46. The firm’s 50 day moving average is $12.11 and its 200 day moving average is $11.97.

The business also recently declared a monthly dividend, which will be paid on Wednesday, November 1st. Shareholders of record on Monday, October 16th will be given a $0.0565 dividend. The ex-dividend date is Friday, October 13th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.69%. This is a boost from Blackrock MuniEnhanced Fund’s previous monthly dividend of $0.06.

COPYRIGHT VIOLATION WARNING: “Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Blackrock MuniEnhanced Fund (MEN) Stock Price” was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & international copyright law. The original version of this news story can be viewed at https://ledgergazette.com/2017/10/10/somewhat-favorable-press-coverage-somewhat-unlikely-to-affect-blackrock-munienhanced-fund-men-stock-price.html.

About Blackrock MuniEnhanced Fund

BlackRock MuniEnhanced Fund, Inc (the Fund) is a non-diversified closed-end management investment company. The Fund’s investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and investment management.

Insider Buying and Selling by Quarter for Blackrock MuniEnhanced Fund (NYSE:MEN)

Insider Buying and Selling by Quarter for Blackrock MuniEnhanced Fund (NYSE:MEN)

Receive News & Ratings for Blackrock MuniEnhanced Fund Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock MuniEnhanced Fund Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply