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

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.0555 per share by the investment management company on Monday, December 2nd. This represents a $0.67 dividend on an annualized basis and a dividend yield of 5.39%. The ex-dividend date is Friday, November 15th.

BlackRock MuniAssets Fund Stock Up 0.1 %

Shares of MUA stock traded up $0.01 during trading hours on Thursday, reaching $12.35. 61,646 shares of the stock traded hands, compared to its average volume of 83,961. The business has a fifty day moving average price of $12.22 and a 200 day moving average price of $11.71. BlackRock MuniAssets Fund has a 1-year low of $9.52 and a 1-year 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.