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

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be paid a dividend of 0.0555 per share by the investment management company on Tuesday, April 1st. This represents a $0.67 dividend on an annualized basis and a yield of 6.07%. The ex-dividend date is Friday, March 14th.

BlackRock MuniAssets Fund Trading Down 0.8 %

MUA traded down $0.09 during trading on Tuesday, reaching $10.98. 204,773 shares of the company’s stock were exchanged, compared to its average volume of 123,229. BlackRock MuniAssets Fund has a one year low of $10.68 and a one year high of $12.69. The firm has a fifty day moving average price of $11.08 and a two-hundred day moving average price of $11.69.

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.