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

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.0555 per share by the investment management company on Monday, December 2nd. This represents a $0.67 dividend on an annualized basis and a dividend yield of 5.41%. The ex-dividend date is Friday, November 15th.

BlackRock MuniAssets Fund Trading Down 0.2 %

Shares of NYSE MUA traded down $0.03 during midday trading on Wednesday, hitting $12.31. The company’s stock had a trading volume of 27,540 shares, compared to its average volume of 83,806. BlackRock MuniAssets Fund has a 1-year low of $9.52 and a 1-year high of $12.69. The firm’s fifty day moving average price is $12.21 and its 200-day moving average price is $11.71.

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.