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

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.0555 per share by the investment management company on Monday, February 3rd. This represents a $0.67 annualized dividend and a dividend yield of 5.94%. The ex-dividend date is Wednesday, January 15th.

BlackRock MuniAssets Fund Price Performance

NYSE MUA traded up $0.03 during trading hours on Friday, hitting $11.22. 86,128 shares of the company were exchanged, compared to its average volume of 72,964. BlackRock MuniAssets Fund has a 52-week low of $10.57 and a 52-week high of $12.69. The company has a 50 day moving average of $11.72 and a two-hundred day moving average of $11.85.

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.