BlackRock MuniAssets Fund, Inc. (MUA) To Go Ex-Dividend on December 22nd

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) announced a monthly dividend on Friday, December 12th. Investors of record on Monday, December 22nd will be paid a dividend of 0.0555 per share by the investment management company on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend is Monday, December 22nd.

BlackRock MuniAssets Fund Stock Down 0.3%

BlackRock MuniAssets Fund stock traded down $0.03 during mid-day trading on Friday, reaching $10.77. 174,984 shares of the company traded hands, compared to its average volume of 124,417. BlackRock MuniAssets Fund has a 52-week low of $9.60 and a 52-week high of $11.79. The firm’s 50 day moving average price is $10.79 and its 200 day moving average price is $10.68.

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.