BlackRock MuniAssets Fund, Inc. (MUA) to Issue Monthly Dividend of $0.06 on September 3rd

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) announced a monthly dividend on Thursday, August 1st, NASDAQ reports. Investors of record on Thursday, August 15th will be given a dividend of 0.0555 per share by the investment management company on Tuesday, September 3rd. This represents a $0.67 annualized dividend and a yield of 5.70%. The ex-dividend date is Thursday, August 15th.

BlackRock MuniAssets Fund Stock Performance

BlackRock MuniAssets Fund stock traded up $0.12 during midday trading on Friday, hitting $11.68. 115,576 shares of the stock were exchanged, compared to its average volume of 69,510. BlackRock MuniAssets Fund has a 1 year low of $8.61 and a 1 year high of $11.94. The company has a 50 day moving average price of $11.46 and a two-hundred day moving average price of $11.18.

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.