BlackRock LT Municipal Advantage Trust Plans Monthly Dividend of $0.06 (BTA)
BlackRock LT Municipal Advantage Trust (NYSE:BTA) announced a monthly dividend on Friday, January 3rd, American Banking News reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.062 per share on Monday, February 3rd. This represents a $0.74 annualized dividend and a dividend yield of 7.22%. The ex-dividend date is Monday, January 13th.
Shares of BlackRock LT Municipal Advantage Trust (NYSE:BTA) traded up 0.88% on Friday, hitting $10.30. 49,945 shares of the company’s stock traded hands. BlackRock LT Municipal Advantage Trust has a 52-week low of $9.86 and a 52-week high of $13.50. The stock’s 50-day moving average is $10.11 and its 200-day moving average is $10.38. The company has a market cap of $138.2 million and a P/E ratio of 7.17.
BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA) is a perpetual closed-end municipal bond fund.
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