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

BlackRock MuniAssets Fund, Inc. (NYSE:MUAGet Free Report) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Tuesday, January 20th will be given a dividend of 0.0555 per share by the investment management company on Monday, February 2nd. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Tuesday, January 20th.

BlackRock MuniAssets Fund Trading Down 0.6%

Shares of MUA stock opened at $10.98 on Friday. BlackRock MuniAssets Fund has a fifty-two week low of $9.60 and a fifty-two week high of $11.79. The business’s 50 day moving average price is $10.76 and its 200-day moving average price is $10.76.

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.

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Dividend History for BlackRock MuniAssets Fund (NYSE:MUA)

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