BlackRock LT Municipal Advantage Trust (BTA) Earns Media Sentiment Rating of 0.31
News coverage about BlackRock LT Municipal Advantage Trust (NYSE:BTA) has been trending positive on Saturday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. BlackRock LT Municipal Advantage Trust earned a coverage optimism score of 0.31 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 44.3908331817911 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
BlackRock LT Municipal Advantage Trust (BTA) traded down $0.06 on Friday, hitting $11.35. The stock had a trading volume of 112,135 shares, compared to its average volume of 48,363. The stock has a market capitalization of $152.34, a P/E ratio of 29.10 and a beta of -0.13. BlackRock LT Municipal Advantage Trust has a 1 year low of $11.08 and a 1 year high of $12.54.
The business also recently disclosed a monthly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Thursday, February 15th will be issued a $0.0545 dividend. The ex-dividend date is Wednesday, February 14th. This represents a $0.65 annualized dividend and a dividend yield of 5.76%.
WARNING: “BlackRock LT Municipal Advantage Trust (BTA) Earns Media Sentiment Rating of 0.31” was originally published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are viewing this report on another website, it was illegally copied and republished in violation of U.S. and international copyright law. The original version of this report can be accessed at https://theolympiareport.com/2018/02/10/blackrock-lt-municipal-advantage-trust-bta-earns-media-sentiment-rating-of-0-31.html.
About BlackRock LT Municipal Advantage Trust
BlackRock Long-Term Municipal Advantage Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in municipal obligations and derivative instruments with exposure to such municipal obligations, in each case that are exempt from federal income tax (except that the interest may be subject to the federal alternative minimum tax).
Receive News & Ratings for BlackRock LT Municipal Advantage Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock LT Municipal Advantage Trust and related companies with MarketBeat.com's FREE daily email newsletter.