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

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

BlackRock MuniAssets Fund Stock Down 0.8 %

MUA stock traded down $0.09 during trading on Tuesday, reaching $10.98. 204,773 shares of the stock were exchanged, compared to its average volume of 123,229. BlackRock MuniAssets Fund has a twelve month low of $10.68 and a twelve month high of $12.69. The firm’s 50 day moving average is $11.08 and its 200 day moving average is $11.69.

About BlackRock MuniAssets Fund

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.