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

by · The Cerbat Gem

BlackRock MuniAssets Fund, Inc. (NYSE:MUA – Get Free Report) announced a monthly dividend on Friday, February 27th. Investors of record on Friday, May 15th will be given a dividend of 0.0555 per share by the investment management company on Monday, June 1st. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date is Friday, May 15th.

BlackRock MuniAssets Fund Trading Up 0.2%

NYSE MUA opened at $10.77 on Wednesday. BlackRock MuniAssets Fund has a 12 month low of $10.02 and a 12 month high of $11.79. The company’s fifty day moving average price is $10.68 and its two-hundred day moving average price is $10.81.

About BlackRock MuniAssets Fund

(Get Free Report)

BlackRock MuniAssets Fund, Inc (NYSE: MUA) is a closed-end management investment company that seeks to provide current income exempt from federal income tax. Managed by BlackRock, one of the world’s leading investment managers, the fund primarily invests in a diversified portfolio of investment-grade municipal debt obligations. Its holdings typically include general obligation and revenue bonds issued by state and local governments, utilities, and infrastructure entities across the United States.

The fund employs a combination of active security selection and duration management to navigate changing interest rate and credit environments.

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