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

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

BlackRock MuniAssets Fund Price Performance

Shares of NYSE MUA opened at $12.40 on Friday. The business has a 50-day moving average of $12.05 and a 200-day moving average of $11.55. BlackRock MuniAssets Fund has a 12 month low of $8.61 and a 12 month 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.