BlackRock LT Municipal Advantage Trust (NYSE:BTA) Plans $0.05 Monthly Dividend

BlackRock LT Municipal Advantage Trust (NYSE:BTA) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Shareholders of record on Thursday, August 15th will be paid a dividend of 0.051 per share by the financial services provider on Tuesday, September 3rd. This represents a $0.61 annualized dividend and a yield of 4.70%. The ex-dividend date is Wednesday, August 14th.

BlackRock LT Municipal Advantage Trust has raised its dividend by an average of 0.6% per year over the last three years.

NYSE:BTA traded up $0.08 during trading hours on Monday, hitting $13.01. 43 shares of the stock traded hands, compared to its average volume of 37,857. BlackRock LT Municipal Advantage Trust has a 1 year low of $10.50 and a 1 year high of $13.07. The firm has a 50 day moving average of $12.61.



About BlackRock LT Municipal Advantage Trust

BlackRock Long-Term Municipal Advantage Trust 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 of the United States. It uses financial derivatives to invest in municipal obligations. The fund primarily invests in long-term municipal bonds with a maturity of more than ten years at the time of investment.

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Dividend History for BlackRock LT Municipal Advantage Trust (NYSE:BTA)

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