BlackRock MuniAssets Fund, Inc. (MUA) to Issue Monthly Dividend of $0.06 on November 1st

BlackRock MuniAssets Fund, Inc. (NYSE:MUAGet Free Report) declared a monthly dividend on Thursday, September 12th, NASDAQ reports. Shareholders of record on Tuesday, October 15th will be given a dividend of 0.0555 per share by the investment management company on Friday, November 1st. This represents a $0.67 annualized dividend and a yield of 5.37%. The ex-dividend date is Tuesday, October 15th.

BlackRock MuniAssets Fund Stock Up 1.1 %

Shares of MUA traded up $0.13 during mid-day trading on Friday, hitting $12.40. 69,180 shares of the company’s stock were exchanged, compared to its average volume of 82,225. The stock’s 50-day moving average is $12.05 and its 200-day moving average is $11.55. BlackRock MuniAssets Fund has a fifty-two week low of $8.61 and a fifty-two week high of $12.61.

About BlackRock MuniAssets Fund

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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.

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Dividend History for BlackRock MuniAssets Fund (NYSE:MUA)

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