BlackRock MuniAssets Fund, Inc. (NYSE:MUA) Announces $0.05 Monthly Dividend

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) announced a monthly dividend on Tuesday, April 6th, Wall Street Journal reports. Stockholders of record on Thursday, April 15th will be given a dividend of 0.0525 per share by the investment management company on Monday, May 3rd. This represents a $0.63 dividend on an annualized basis and a dividend yield of 4.09%. The ex-dividend date is Wednesday, April 14th.

NYSE MUA opened at $15.39 on Wednesday. BlackRock MuniAssets Fund has a 12-month low of $12.20 and a 12-month high of $15.98. The firm’s 50 day moving average is $14.84 and its 200-day moving average is $14.54.

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.

Further Reading: Fundamental Analysis

Dividend History for BlackRock MuniAssets Fund (NYSE:MUA)

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