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BlackRock LT Municipal Advantage Trust (NYSE:BTA) announced a monthly dividend on Monday, August 4th, Analyst Ratings News reports. Stockholders of record on Friday, August 15th will be paid a dividend of 0.062 per share on Tuesday, September 2nd. This represents a $0.74 annualized dividend and a dividend yield of 6.76%. The ex-dividend date is Wednesday, August 13th.

Shares of BlackRock LT Municipal Advantage Trust (NYSE:BTA) traded down 0.46% on Monday, hitting $10.93. 51,023 shares of the company’s stock traded hands. BlackRock LT Municipal Advantage Trust has a one year low of $9.86 and a one year high of $11.56. The stock has a 50-day moving average of $11.17 and a 200-day moving average of $11.04.

BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA) is a perpetual closed-end municipal bond fund.

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