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

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) declared a monthly dividend on Friday, June 5th. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.0555 per share by the investment management company on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Tuesday, September 15th.

BlackRock MuniAssets Fund Price Performance

BlackRock MuniAssets Fund stock traded down $0.01 during trading hours on Friday, hitting $9.77. 308,230 shares of the stock were exchanged, compared to its average volume of 352,304. The business’s 50-day moving average is $10.28 and its two-hundred day moving average is $10.56. BlackRock MuniAssets Fund has a 12 month low of $9.71 and a 12 month high of $11.79.

About BlackRock MuniAssets Fund

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.