BlackRock MuniAssets Fund, Inc. (MUA) To Go Ex-Dividend on November 13th

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) announced a monthly dividend on Thursday, September 10th. Shareholders of record on Friday, November 13th will be given a dividend of $0.0555 per share by the investment management company on Tuesday, December 1st. This represents a $0.67 dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date of this dividend is Friday, November 13th.

BlackRock MuniAssets Fund Stock Performance

Shares of MUA stock traded up $0.01 during mid-day trading on Wednesday, reaching $9.77. 21,278 shares of the stock traded hands, compared to its average volume of 203,282. BlackRock MuniAssets Fund has a 1-year low of $9.13 and a 1-year high of $11.26. The stock’s fifty day simple moving average is $9.62 and its two-hundred day simple moving average is $10.41.

BlackRock MuniAssets Fund Company Profile

BlackRock MuniAssets Fund, Inc. is a closed-end investment fund managed by BlackRock. Rather than operating a business, it invests in a portfolio of municipal securities issued by U.S. state and local governments and related entities. The fund’s investment objective is to provide a high level of current income that is exempt from regular federal income tax, consistent with its investment policies. Its portfolio primarily comprises municipal obligations, whose proceeds may support public projects and services such as transportation, education, utilities and health care.