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

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.0555 per share by the investment management company on Monday, December 2nd. This represents a $0.67 annualized dividend and a yield of 5.41%. The ex-dividend date of this dividend is Friday, November 15th.

BlackRock MuniAssets Fund Price Performance

Shares of MUA stock traded down $0.02 on Wednesday, hitting $12.32. The stock had a trading volume of 34,864 shares, compared to its average volume of 83,816. BlackRock MuniAssets Fund has a twelve month low of $9.52 and a twelve month high of $12.69. The company has a fifty day moving average price of $12.21 and a two-hundred day moving average price of $11.71.

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.