BR-MUNIASSET FD (MUA) To Go Ex-Dividend on October 13th

BR-MUNIASSET FD (NYSE:MUA) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Investors of record on Monday, October 16th will be paid a dividend of 0.0575 per share by the investment management company on Wednesday, November 1st. This represents a $0.69 dividend on an annualized basis and a dividend yield of 4.53%. The ex-dividend date of this dividend is Friday, October 13th.

BR-MUNIASSET FD has decreased its dividend payment by an average of 2.2% annually over the last three years.

Shares of BR-MUNIASSET FD (MUA) opened at 15.23 on Friday. BR-MUNIASSET FD has a one year low of $12.96 and a one year high of $15.78. The company has a 50 day moving average price of $15.24 and a 200-day moving average price of $14.90.

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BlackRock MuniAssets Fund, Inc is a non-diversified closed-end management investment company. The Fund’s investment objective is to provide high current income exempt from federal income taxes by investing primarily in a portfolio of medium- to lower-grade or unrated municipal obligations. The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in municipal bonds exempt from federal income taxes.

Dividend History for BR-MUNIASSET FD (NYSE:MUA)

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