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

BlackRock MuniAssets Fund, Inc. (NYSE:MUAGet Free Report) declared a monthly dividend on Thursday, September 10th. Investors of record on Friday, December 11th will be paid a dividend of 0.0555 per share by the investment management company on Tuesday, December 22nd. This represents a c) dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Friday, December 11th.

BlackRock MuniAssets Fund Stock Performance

BlackRock MuniAssets Fund stock opened at $9.74 on Friday. The company has a 50-day moving average price of $10.31 and a 200 day moving average price of $10.57. BlackRock MuniAssets Fund has a 12-month low of $9.71 and a 12-month high of $11.79.

BlackRock MuniAssets Fund Company Profile

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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.

Further Reading

Dividend History for BlackRock MuniAssets Fund (NYSE:MUA)

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