Blackrock Muniassets Fund, Inc. (MUA) Plans $0.05 Monthly Dividend

Blackrock Muniassets Fund, Inc. (NYSE:MUA) declared a monthly dividend on Monday, February 5th, Wall Street Journal reports. Shareholders of record on Thursday, February 15th will be given a dividend of 0.0545 per share by the investment management company on Thursday, March 1st. This represents a $0.65 annualized dividend and a yield of 4.76%. The ex-dividend date of this dividend is Wednesday, February 14th.

Blackrock Muniassets Fund has decreased its dividend payment by an average of 8.6% annually over the last three years.

Blackrock Muniassets Fund (NYSE MUA) opened at $13.73 on Tuesday. Blackrock Muniassets Fund has a twelve month low of $13.61 and a twelve month high of $15.84.

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Blackrock Muniassets Fund Company Profile

BlackRock MuniAssets Fund, Inc is a non-diversified closed-end management investment company. The Fund’s investment objective is to provide high current income exempt from federal income taxes by investing primarily in a portfolio of medium- to lower-grade or unrated municipal obligations. The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in municipal bonds exempt from federal income taxes.

Dividend History for Blackrock Muniassets Fund (NYSE:MUA)

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