BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA – Get Free Report) declared a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Investors of record on Monday, December 16th will be paid a dividend of 0.0495 per share by the financial services provider on Tuesday, December 31st. This represents a $0.59 dividend on an annualized basis and a yield of 5.52%. The ex-dividend date of this dividend is Monday, December 16th.
BlackRock Long-Term Municipal Advantage Trust has decreased its dividend by an average of 4.9% annually over the last three years.
BlackRock Long-Term Municipal Advantage Trust Trading Down 1.4 %
Shares of NYSE BTA traded down $0.15 during midday trading on Friday, hitting $10.76. The company’s stock had a trading volume of 31,294 shares, compared to its average volume of 26,579. The business’s fifty day simple moving average is $10.47 and its two-hundred day simple moving average is $10.40. BlackRock Long-Term Municipal Advantage Trust has a 1 year low of $9.61 and a 1 year high of $11.10.
About BlackRock Long-Term Municipal Advantage Trust
BlackRock Long-Term Municipal Advantage Trust 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 of the United States. It uses financial derivatives to invest in municipal obligations. The fund primarily invests in long-term municipal bonds with a maturity of more than ten years at the time of investment.
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