BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA – Get Free Report) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.0495 per share by the financial services provider on Tuesday, April 1st. This represents a $0.59 dividend on an annualized basis and a dividend yield of 5.97%. The ex-dividend date is Friday, March 14th.
BlackRock Long-Term Municipal Advantage Trust has decreased its dividend payment by an average of 4.9% annually over the last three years.
BlackRock Long-Term Municipal Advantage Trust Trading Up 0.4 %
NYSE:BTA traded up $0.04 during mid-day trading on Wednesday, hitting $9.96. 1,242 shares of the company’s stock traded hands, compared to its average volume of 36,920. The company has a fifty day moving average of $9.88 and a 200 day moving average of $10.25. BlackRock Long-Term Municipal Advantage Trust has a twelve month low of $9.48 and a twelve month high of $11.10.
BlackRock Long-Term Municipal Advantage Trust Company Profile
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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