Blackrock Muniassets Fund, Inc. (NYSE:MUA) announced a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Tuesday, January 16th will be paid a dividend of 0.0545 per share by the investment management company on Thursday, February 1st. This represents a $0.65 dividend on an annualized basis and a yield of 4.42%. The ex-dividend date is Friday, January 12th.
Blackrock Muniassets Fund has decreased its dividend by an average of 8.6% annually over the last three years.
Shares of Blackrock Muniassets Fund (MUA) opened at $14.81 on Thursday. Blackrock Muniassets Fund has a 12-month low of $13.61 and a 12-month high of $15.84.
WARNING: This news story was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this news story on another domain, it was copied illegally and reposted in violation of US & international trademark & copyright laws. The legal version of this news story can be viewed at https://www.dispatchtribunal.com/2018/01/11/blackrock-muniassets-fund-inc-mua-to-go-ex-dividend-on-january-12th.html.
About Blackrock Muniassets Fund
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.
Receive News & Ratings for Blackrock Muniassets Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Muniassets Fund and related companies with MarketBeat.com's FREE daily email newsletter.