BlackRock MuniAssets Fund, Inc. (NYSE:MUA) Announces $0.06 Monthly Dividend
by Scott Moore · The Cerbat GemBlackRock MuniAssets Fund, Inc. (NYSE:MUA – Get Free Report) declared a monthly dividend on Thursday, September 10th. Shareholders of record on Friday, December 11th will be paid a dividend of 0.0555 per share by the investment management company on Tuesday, December 22nd. This represents a c) annualized dividend and a yield of 6.8%. The ex-dividend date of this dividend is Friday, December 11th.
BlackRock MuniAssets Fund Price Performance
Shares of NYSE:MUA opened at $9.74 on Friday. BlackRock MuniAssets Fund has a one year low of $9.71 and a one year high of $11.79. The firm has a 50 day simple moving average of $10.31 and a 200 day simple moving average of $10.57.
BlackRock MuniAssets Fund Company Profile
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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