BlackRock Long-Term Municipal Advantage Trust About To Put More Money In Your Pocket (BTA)

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, BlackRock Long-Term Municipal Advantage Trust (BTA) BTA will trade ex-dividend, for its monthly dividend of $0.062, payable on 5/1/13. As a percentage of BTA's recent stock price of $12.44, this dividend works out to approximately 0.50%.

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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:

BTA+Dividend+History+Chart

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 5.98% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, BlackRock Long-Term Municipal Advantage Trust shares are currently up about 0.6% on the day.

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