BlackRock MuniAssets Fund, Inc. (NYSE:MUA - Get Free Report) declared a monthly dividend on Monday, May 5th, Wall Street Journal reports. Shareholders of record on Thursday, May 15th will be paid a dividend of 0.0555 per share by the investment management company on Monday, June 2nd. This represents a $0.67 dividend on an annualized basis and a yield of 6.45%. The ex-dividend date is Thursday, May 15th.
BlackRock MuniAssets Fund Trading Up 0.3 %
MUA stock traded up $0.03 during midday trading on Monday, reaching $10.32. The stock had a trading volume of 92,374 shares, compared to its average volume of 102,237. The company's fifty day simple moving average is $10.53 and its 200 day simple moving average is $11.15. BlackRock MuniAssets Fund has a 52-week low of $9.60 and a 52-week high of $12.69.
About BlackRock MuniAssets Fund
(
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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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