Media headlines about BlackRock LT Municipal Advantage Trust (NYSE:BTA) have trended positive on Wednesday, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BlackRock LT Municipal Advantage Trust earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 45.4203637525506 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of BlackRock LT Municipal Advantage Trust (NYSE BTA) traded up $0.04 during mid-day trading on Wednesday, hitting $11.34. The stock had a trading volume of 15,402 shares, compared to its average volume of 40,784. BlackRock LT Municipal Advantage Trust has a 12-month low of $11.14 and a 12-month high of $12.54. The company has a market cap of $152.34, a price-to-earnings ratio of 29.10 and a beta of -0.11.
The company also recently declared a monthly dividend, which will be paid on Monday, April 2nd. Investors of record on Thursday, March 15th will be given a dividend of $0.054 per share. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $0.65 annualized dividend and a dividend yield of 5.71%.
TRADEMARK VIOLATION WARNING: This story was originally reported by BBNS and is the property of of BBNS. If you are viewing this story on another domain, it was illegally copied and republished in violation of United States and international copyright & trademark law. The legal version of this story can be accessed at https://baseballnewssource.com/2018/03/14/blackrock-lt-municipal-advantage-trust-bta-getting-favorable-news-coverage-analysis-finds/1973813.html.
BlackRock Long-Term Municipal Advantage Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in municipal obligations and derivative instruments with exposure to such municipal obligations, in each case that are exempt from federal income tax (except that the interest may be subject to the federal alternative minimum tax).
Receive News & Ratings for BlackRock LT Municipal Advantage Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock LT Municipal Advantage Trust and related companies with MarketBeat.com's FREE daily email newsletter.