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

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 paid a dividend of 0.0555 per share by the investment management company on Tuesday, September 3rd. This represents a $0.67 dividend on an annualized basis and a yield of 5.74%. The ex-dividend date is Thursday, August 15th.

BlackRock MuniAssets Fund Price Performance

NYSE:MUA traded down $0.03 on Wednesday, reaching $11.60. 17,410 shares of the company’s stock were exchanged, compared to its average volume of 79,228. The stock has a fifty day simple moving average of $11.54 and a 200-day simple moving average of $11.22. BlackRock MuniAssets Fund has a 52 week low of $8.61 and a 52 week high of $11.94.

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.