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

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) declared a monthly dividend on Thursday, September 12th, NASDAQ reports. Stockholders of record on Tuesday, October 15th will be paid a dividend of 0.0555 per share by the investment management company on Friday, November 1st. This represents a $0.67 dividend on an annualized basis and a dividend yield of 5.37%. The ex-dividend date is Tuesday, October 15th.

BlackRock MuniAssets Fund Trading Up 1.1 %

MUA stock traded up $0.13 during midday trading on Friday, reaching $12.40. The stock had a trading volume of 69,180 shares, compared to its average volume of 82,225. The company’s fifty day simple moving average is $12.05 and its 200 day simple moving average is $11.55. BlackRock MuniAssets Fund has a 52-week low of $8.61 and a 52-week high of $12.61.

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.