Looking at the universe of stocks we cover at Dividend Channel, on 6/12/13, BlackRock Long-Term Municipal Advantage Trust (BTA) will trade ex-dividend, for its monthly dividend of $0.062, payable on 7/1/13. As a percentage of BTA's recent stock price of $11.50, this dividend works out to approximately 0.54%, so look for shares of BlackRock Long-Term Municipal Advantage Trust to trade 0.54% lower — all else being equal — when BTA shares open for trading on 6/12/13.
Below is a dividend history chart for BTA, showing historical dividends prior to the most recent $0.062 declared by BlackRock Long-Term Municipal Advantage Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BTA is likely to continue, and whether the current estimated yield of 6.47% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BTA shares, versus its 200 day moving average:Looking at the chart above, BTA's low point in its 52 week range is $11.30 per share, with $13.59 as the 52 week high point — that compares with a last trade of $11.47.
In Monday trading, BlackRock Long-Term Municipal Advantage Trust shares are currently down about 1.2% on the day.