BlackRock MuniAssets Fund, Inc. (MUA) To Go Ex-Dividend on June 15th

BlackRock MuniAssets Fund, Inc. (NYSE:MUA) announced a monthly dividend on Friday, February 27th. Shareholders of record on Monday, June 15th will be paid a dividend of 0.0555 per share by the investment management company on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock MuniAssets Fund Stock Performance

NYSE:MUA remained flat at $10.74 during mid-day trading on Friday. The company’s stock had a trading volume of 58,000 shares, compared to its average volume of 93,289. The stock’s fifty day moving average price is $10.66 and its two-hundred day moving average price is $10.78. BlackRock MuniAssets Fund has a 12-month low of $10.02 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.