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

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.0555 per share by the investment management company on Monday, December 2nd. This represents a $0.67 annualized dividend and a dividend yield of 5.41%. The ex-dividend date is Friday, November 15th.

BlackRock MuniAssets Fund Stock Performance

MUA stock traded down $0.03 on Wednesday, reaching $12.31. The company’s stock had a trading volume of 27,540 shares, compared to its average volume of 83,806. BlackRock MuniAssets Fund has a 52 week low of $9.52 and a 52 week high of $12.69. The firm has a fifty day moving average of $12.21 and a two-hundred day moving average of $11.71.

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.