BlackRock MuniAssets Fund, Inc. (MUA) to Issue Monthly Dividend of $0.06 on December 31st

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) declared a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Shareholders of record on Monday, December 16th will be given a dividend of 0.0555 per share by the investment management company on Tuesday, December 31st. This represents a $0.67 dividend on an annualized basis and a yield of 5.73%. The ex-dividend date is Monday, December 16th.

BlackRock MuniAssets Fund Stock Down 0.8 %

Shares of NYSE:MUA traded down $0.09 during midday trading on Friday, reaching $11.62. The company’s stock had a trading volume of 58,150 shares, compared to its average volume of 82,851. The stock has a fifty day moving average of $12.07 and a 200 day moving average of $11.85. BlackRock MuniAssets Fund has a twelve month low of $10.38 and a twelve 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.