BlackRock Long-Term Municipal Advantage Trust Announces Dividend of $0.05 (NYSE:BTA)

BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA) declared a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.0495 per share by the financial services provider on Monday, February 3rd. The ex-dividend date of this dividend is Wednesday, January 15th.

BlackRock Long-Term Municipal Advantage Trust has decreased its dividend payment by an average of 4.9% per year over the last three years.

BlackRock Long-Term Municipal Advantage Trust Trading Up 0.4 %

Shares of BlackRock Long-Term Municipal Advantage Trust stock traded up $0.04 during mid-day trading on Friday, reaching $9.90. 51,248 shares of the stock were exchanged, compared to its average volume of 48,824. BlackRock Long-Term Municipal Advantage Trust has a fifty-two week low of $9.48 and a fifty-two week high of $11.10. The firm has a 50-day simple moving average of $10.31 and a 200 day simple moving average of $10.39.

BlackRock Long-Term Municipal Advantage Trust Company Profile

BlackRock Long-Term Municipal Advantage Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets of the United States. It uses financial derivatives to invest in municipal obligations. The fund primarily invests in long-term municipal bonds with a maturity of more than ten years at the time of investment.