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

BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA) announced a dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.0495 per share by the financial services provider on Monday, March 3rd. The ex-dividend date of this dividend is Friday, February 14th.

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

BlackRock Long-Term Municipal Advantage Trust Stock Up 0.5 %

Shares of BTA stock traded up $0.05 during trading on Tuesday, reaching $9.95. The company had a trading volume of 44,733 shares, compared to its average volume of 43,324. The firm’s 50 day simple moving average is $10.06 and its two-hundred day simple moving average is $10.34. BlackRock Long-Term Municipal Advantage Trust has a one year low of $9.48 and a one year 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.