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

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) declared a monthly dividend on Friday, January 2nd. Investors of record on Friday, March 13th will be paid a dividend of 0.0555 per share by the investment management company on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date is Friday, March 13th.

BlackRock MuniAssets Fund Stock Performance

MUA remained flat at $10.90 on Wednesday. The company had a trading volume of 25,412 shares, compared to its average volume of 87,790. The company’s 50-day moving average is $10.99 and its two-hundred day moving average is $10.93. BlackRock MuniAssets Fund has a 12 month low of $9.60 and a 12 month high of $11.79.

BlackRock MuniAssets Fund Company Profile

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.