BlackRock MuniAssets Fund, Inc. (NYSE:MUA - Get Free Report) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be paid a dividend of 0.0555 per share by the investment management company on Thursday, May 1st. This represents a $0.67 annualized dividend and a dividend yield of 6.69%. The ex-dividend date is Tuesday, April 15th.
BlackRock MuniAssets Fund Trading Down 3.9 %
NYSE:MUA traded down $0.40 during midday trading on Tuesday, reaching $9.96. 204,131 shares of the stock traded hands, compared to its average volume of 97,203. The company has a fifty day moving average of $10.92 and a 200 day moving average of $11.45. BlackRock MuniAssets Fund has a 12 month low of $9.96 and a 12 month high of $12.69.
BlackRock MuniAssets Fund Company Profile
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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.
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