BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA) Declares $0.05 Dividend

BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA) declared a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.0495 per share by the financial services provider on Monday, February 3rd. The ex-dividend date is Wednesday, January 15th.

BlackRock Long-Term Municipal Advantage Trust has decreased its dividend by an average of 4.9% per year over the last three years.

BlackRock Long-Term Municipal Advantage Trust Stock Performance

BlackRock Long-Term Municipal Advantage Trust stock traded up $0.04 during mid-day trading on Friday, hitting $9.90. 51,248 shares of the company’s stock were exchanged, compared to its average volume of 48,824. The company’s 50 day simple moving average is $10.31 and its 200-day simple moving average is $10.39. BlackRock Long-Term Municipal Advantage Trust has a fifty-two week low of $9.48 and a fifty-two week high of $11.10.

BlackRock Long-Term Municipal Advantage Trust Company Profile

BlackRock Long-Term Municipal Advantage Trust 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 of the United States. It uses financial derivatives to invest in municipal obligations. The fund primarily invests in long-term municipal bonds with a maturity of more than ten years at the time of investment.