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

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

BlackRock MuniAssets Fund Price Performance

Shares of BlackRock MuniAssets Fund stock remained flat at $10.74 during trading hours on Friday. 58,000 shares of the stock were exchanged, compared to its average volume of 93,289. The business’s fifty day moving average is $10.66 and its 200 day moving average is $10.78. BlackRock MuniAssets Fund has a one year low of $10.02 and a one year high of $11.79.

About BlackRock MuniAssets Fund

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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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Dividend History for BlackRock MuniAssets Fund (NYSE:MUA)

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