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

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.0555 per share by the investment management company on Monday, February 3rd. This represents a $0.67 dividend on an annualized basis and a dividend yield of 5.94%. The ex-dividend date is Wednesday, January 15th.

BlackRock MuniAssets Fund Stock Performance

Shares of BlackRock MuniAssets Fund stock traded up $0.03 on Friday, hitting $11.22. 86,128 shares of the company traded hands, compared to its average volume of 72,964. BlackRock MuniAssets Fund has a 52 week low of $10.57 and a 52 week high of $12.69. The stock’s 50 day moving average price is $11.72 and its 200-day moving average price is $11.85.

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.