BlackRock MuniAssets Fund, Inc. (NYSE:MUA) Declares $0.06 Monthly Dividend

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 dividend on an annualized basis and a yield of 5.39%. The ex-dividend date of this dividend is Friday, November 15th.

BlackRock MuniAssets Fund Stock Performance

Shares of MUA stock traded up $0.01 on Thursday, hitting $12.35. 61,646 shares of the stock traded hands, compared to its average volume of 83,961. The company’s fifty day moving average is $12.22 and its 200 day moving average is $11.71. BlackRock MuniAssets Fund has a 1-year low of $9.52 and a 1-year high of $12.69.

BlackRock MuniAssets Fund Company Profile

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.