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

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders 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 annualized dividend and a dividend yield of 5.94%. The ex-dividend date of this dividend is Wednesday, January 15th.

BlackRock MuniAssets Fund Trading Up 0.3 %

Shares of NYSE MUA traded up $0.03 during midday trading on Friday, hitting $11.22. The company’s stock had a trading volume of 86,128 shares, compared to its average volume of 72,964. The business’s 50 day moving average is $11.72 and its two-hundred day moving average is $11.85. BlackRock MuniAssets Fund has a 12-month low of $10.57 and a 12-month high of $12.69.

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.