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BlackRock LT Municipal Advantage Trust (NYSE:BTA) declared a monthly dividend on Thursday, September 4th, American Banking News.com reports. Shareholders of record on Monday, September 15th will be given a dividend of 0.062 per share on Wednesday, October 1st. This represents a $0.74 dividend on an annualized basis and a yield of 6.61%. The ex-dividend date of this dividend is Thursday, September 11th.

Shares of BlackRock LT Municipal Advantage Trust (NYSE:BTA) traded up 0.18% on Thursday, hitting $11.28. 43,122 shares of the company’s stock traded hands. BlackRock LT Municipal Advantage Trust has a 1-year low of $9.87 and a 1-year high of $11.56. The stock’s 50-day moving average is $11.11 and its 200-day moving average is $11.12.

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

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