BlackRock Long-Term Municipal Advantage Trust (BTA) To Go Ex-Dividend on December 16th

BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA) declared a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Shareholders of record on Monday, December 16th will be given a dividend of 0.0495 per share by the financial services provider on Tuesday, December 31st. This represents a $0.59 annualized dividend and a yield of 5.52%. The ex-dividend date is Monday, December 16th.

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

BlackRock Long-Term Municipal Advantage Trust Trading Down 1.4 %

NYSE:BTA traded down $0.15 during mid-day trading on Friday, hitting $10.76. 31,294 shares of the company’s stock traded hands, compared to its average volume of 26,579. The company has a fifty day moving average of $10.47 and a 200 day moving average of $10.40. BlackRock Long-Term Municipal Advantage Trust has a twelve month low of $9.61 and a twelve month high of $11.10.

About BlackRock Long-Term Municipal Advantage Trust

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.