BR-MUNIASSET FD (MUA) Declares Monthly Dividend of $0.06
BR-MUNIASSET FD (NYSE:MUA) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Investors of record on Wednesday, November 15th will be given a dividend of 0.0575 per share by the investment management company on Friday, December 1st. This represents a $0.69 annualized dividend and a dividend yield of 4.62%. The ex-dividend date of this dividend is Tuesday, November 14th.
BR-MUNIASSET FD has decreased its dividend payment by an average of 2.2% annually over the last three years.
BR-MUNIASSET FD 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.
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