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

BlackRock Long-Term Municipal Advantage Trust (NYSE:BTAGet Free Report) declared a dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.0495 per share by the financial services provider on Monday, March 3rd. The ex-dividend date is Friday, February 14th.

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

Shares of BTA stock traded up $0.05 during midday trading on Tuesday, hitting $9.95. 44,733 shares of the company were exchanged, compared to its average volume of 43,324. The firm’s 50 day moving average price is $10.06 and its two-hundred day moving average price is $10.34. BlackRock Long-Term Municipal Advantage Trust has a 52 week low of $9.48 and a 52 week high of $11.10.

BlackRock Long-Term Municipal Advantage Trust Company Profile

(Get Free Report)

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.

Recommended Stories

Dividend History for BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA)

Receive News & Ratings for BlackRock Long-Term Municipal Advantage Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Long-Term Municipal Advantage Trust and related companies with MarketBeat.com's FREE daily email newsletter.