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

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.0555 per share by the investment management company on Tuesday, April 1st. This represents a $0.67 dividend on an annualized basis and a dividend yield of 6.07%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock MuniAssets Fund Trading Down 0.8 %

NYSE MUA opened at $10.98 on Wednesday. BlackRock MuniAssets Fund has a 12 month low of $10.68 and a 12 month high of $12.69. The company’s fifty day moving average price is $11.08 and its two-hundred day moving average price is $11.69.

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.