BlackRock Long-Term Municipal Advantage Trust (BTA) to Issue Monthly Dividend of $0.05 on November 3rd

BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA) declared a monthly dividend on Wednesday, October 1st. Investors of record on Wednesday, October 15th will be given a dividend of 0.0495 per share by the financial services provider on Monday, November 3rd. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date is Wednesday, October 15th.

BlackRock Long-Term Municipal Advantage Trust Stock Performance

Shares of BTA stock opened at $9.47 on Monday. BlackRock Long-Term Municipal Advantage Trust has a 52-week low of $8.73 and a 52-week high of $11.10. The firm has a fifty day moving average of $9.31 and a 200-day moving average of $9.17.

About BlackRock Long-Term Municipal Advantage Trust

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.