BlackRock MuniAssets Fund, Inc. (NYSE:MUA) Plans $0.06 Monthly Dividend

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.0555 per share by the investment management company on Monday, February 3rd. This represents a $0.67 annualized dividend and a yield of 6.12%. The ex-dividend date of this dividend is Wednesday, January 15th.

BlackRock MuniAssets Fund Stock Down 1.9 %

Shares of NYSE:MUA opened at $10.88 on Monday. The stock’s 50-day moving average price is $11.65 and its 200-day moving average price is $11.83. BlackRock MuniAssets Fund has a 12-month low of $10.57 and a 12-month high of $12.69.

BlackRock MuniAssets Fund Company Profile

BlackRock MuniAssets 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 seeks to provide current income exempt from federal income taxes by investing primarily in a portfolio of medium-to-lower grade or unrated municipal obligations the interest on which is exempt from federal income taxes.