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

BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA) announced a dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be given a dividend of 0.0495 per share by the financial services provider on Tuesday, April 1st. The ex-dividend date of this dividend is Friday, March 14th.

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 1.3 %

Shares of NYSE:BTA traded down $0.13 on Tuesday, hitting $9.96. The company’s stock had a trading volume of 22,525 shares, compared to its average volume of 39,576. The stock’s 50-day moving average is $9.86 and its two-hundred day moving average is $10.27. BlackRock Long-Term Municipal Advantage Trust has a 12 month low of $9.48 and a 12 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.