Blackrock Muniassets Fund (MUA) Sets New 1-Year High at $14.52
Blackrock Muniassets Fund, Inc. (NYSE:MUA) reached a new 52-week high during trading on Wednesday . The stock traded as high as $14.52 and last traded at $14.38, with a volume of 100 shares traded. The stock had previously closed at $14.37.
The firm also recently disclosed a monthly dividend, which will be paid on Monday, April 1st. Investors of record on Friday, March 15th will be issued a $0.0545 dividend. The ex-dividend date is Thursday, March 14th. This represents a $0.65 annualized dividend and a yield of 4.59%.
In other Blackrock Muniassets Fund news, insider Theodore R. Jaeckel, Jr. acquired 2,610 shares of Blackrock Muniassets Fund stock in a transaction that occurred on Monday, December 17th. The stock was bought at an average cost of $12.82 per share, for a total transaction of $33,460.20. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 1.00% of the stock is currently owned by company insiders.
About Blackrock Muniassets Fund (NYSE:MUA)
BlackRock MuniAssets Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It seeks to provide current income exempt from federal income taxes by investing primarily in a portfolio of medium-to-lower grade or unrated municipal obligations the interest on which is exempt from federal income taxes.
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