BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA) declared a monthly dividend on Tuesday, April 6th, Wall Street Journal reports. Stockholders of record on Thursday, April 15th will be paid a dividend of 0.0505 per share by the financial services provider on Monday, May 3rd. This represents a $0.61 dividend on an annualized basis and a dividend yield of 4.70%. The ex-dividend date of this dividend is Wednesday, April 14th.

Shares of NYSE:BTA opened at $12.90 on Thursday. BlackRock Long-Term Municipal Advantage Trust has a 1-year low of $10.55 and a 1-year high of $13.30. The firm has a fifty day moving average price of $12.60 and a 200 day moving average price of $12.49.

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.

Read More: Outstanding Shares and The Effect on Share Price

Dividend History for BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA)

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