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

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.0555 per share by the investment management company on Monday, March 3rd. This represents a $0.67 dividend on an annualized basis and a dividend yield of 5.97%. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock MuniAssets Fund Trading Up 0.7 %

Shares of NYSE:MUA traded up $0.08 on Tuesday, reaching $11.16. The company had a trading volume of 95,172 shares, compared to its average volume of 93,231. BlackRock MuniAssets Fund has a 52-week low of $10.68 and a 52-week high of $12.69. The firm’s 50 day simple moving average is $11.30 and its 200-day simple moving average is $11.76.

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.