BlackRock MuniAssets Fund, Inc. (MUA) to Issue Monthly Dividend of $0.06 on December 1st

BlackRock MuniAssets Fund, Inc. (NYSE:MUA – Get Free Report) declared a monthly dividend on Thursday, September 10th. Shareholders of record on Friday, November 13th will be given a dividend of $0.0555 per share by the investment management company on Tuesday, December 1st. This represents a $0.67 dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date is Friday, November 13th.

BlackRock MuniAssets Fund Price Performance

Shares of MUA stock opened at $9.78 on Wednesday. The business has a 50-day simple moving average of $9.62 and a 200-day simple moving average of $10.41. BlackRock MuniAssets Fund has a 52-week low of $9.13 and a 52-week high of $11.26.

BlackRock MuniAssets Fund Company Profile

(Get Free Report)

BlackRock MuniAssets Fund, Inc. is a closed-end investment fund managed by BlackRock. Rather than operating a business, it invests in a portfolio of municipal securities issued by U.S. state and local governments and related entities. The fund’s investment objective is to provide a high level of current income that is exempt from regular federal income tax, consistent with its investment policies. Its portfolio primarily comprises municipal obligations, whose proceeds may support public projects and services such as transportation, education, utilities and health care.

See Also

Dividend History for BlackRock MuniAssets Fund (NYSE:MUA)

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