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

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) announced a monthly dividend on Thursday, August 1st, NASDAQ reports. Investors of record on Thursday, August 15th will be given a dividend of 0.0555 per share by the investment management company on Tuesday, September 3rd. This represents a $0.67 dividend on an annualized basis and a yield of 5.70%. The ex-dividend date is Thursday, August 15th.

BlackRock MuniAssets Fund Stock Performance

NYSE:MUA traded up $0.12 during mid-day trading on Friday, reaching $11.68. The stock had a trading volume of 115,576 shares, compared to its average volume of 69,510. The firm has a 50 day moving average price of $11.46 and a two-hundred day moving average price of $11.18. BlackRock MuniAssets Fund has a one year low of $8.61 and a one year high of $11.94.

BlackRock MuniAssets Fund Company Profile

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.