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

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.0555 per share by the investment management company on Thursday, May 1st. This represents a $0.67 annualized dividend and a dividend yield of 6.25%. The ex-dividend date is Tuesday, April 15th.

BlackRock MuniAssets Fund Stock Performance

BlackRock MuniAssets Fund stock opened at $10.66 on Friday. BlackRock MuniAssets Fund has a twelve month low of $10.61 and a twelve month high of $12.69. The stock’s 50 day moving average is $10.97 and its 200 day moving average is $11.50.

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.