BlackRock Enhanced Government Fund Inc (NYSE:EGF) announced a monthly dividend on Thursday, December 19th, Zacks reports. Investors of record on Tuesday, December 31st will be given a dividend of 0.041 per share on Thursday, January 9th. This represents a $0.49 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date is Monday, December 30th.
BlackRock Enhanced Government Fund has decreased its dividend by an average of 2.6% per year over the last three years.
EGF traded up $0.12 during trading on Friday, reaching $13.14. 2,933 shares of the stock traded hands, compared to its average volume of 8,997. BlackRock Enhanced Government Fund has a fifty-two week low of $12.77 and a fifty-two week high of $13.45. The stock’s 50-day simple moving average is $13.04 and its two-hundred day simple moving average is $13.02.
About BlackRock Enhanced Government Fund
BlackRock Enhanced Government 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 fixed income markets. It primarily invests in a portfolio of United States government and government agency securities, including the U.S.
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