Ex-Div Reminder For BlackRock Long-Term Municipal Advantage Trust (BTA)

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.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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 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:

BlackRock Long-Term Municipal Advantage Trust 200 Day Moving Average Chart

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.

null

More from Stocks

Jim Cramer: This Is a Sad Time for Southwest Airlines

Jim Cramer: This Is a Sad Time for Southwest Airlines

Video: Jim Cramer on Advanced Micro Devices, Chipotle and Southwest Airlines

Video: Jim Cramer on Advanced Micro Devices, Chipotle and Southwest Airlines

Jim Cramer: Advanced Micro Devices CEO Lisa Su Saved the Company

Jim Cramer: Advanced Micro Devices CEO Lisa Su Saved the Company

Jim Cramer Just Spoke to Larry Kudlow About the China Trade Negotiations

Jim Cramer Just Spoke to Larry Kudlow About the China Trade Negotiations

Intel's First-Quarter Earnings Report: 4 Key Metrics to Pay Attention To

Intel's First-Quarter Earnings Report: 4 Key Metrics to Pay Attention To