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

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.0555 per share by the investment management company on Tuesday, April 1st. This represents a $0.67 dividend on an annualized basis and a dividend yield of 6.07%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock MuniAssets Fund Price Performance

Shares of NYSE:MUA traded down $0.09 during trading on Tuesday, hitting $10.98. 204,773 shares of the stock traded hands, compared to its average volume of 123,229. The company has a fifty day moving average price of $11.08 and a two-hundred day moving average price of $11.69. BlackRock MuniAssets Fund has a 52-week low of $10.68 and a 52-week high of $12.69.

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.