Blackrock Muniyield Fund Inc. (NYSE:MYD) announced a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, May 15th will be given a dividend of 0.059 per share by the financial services provider on Monday, June 3rd. This represents a $0.71 dividend on an annualized basis and a dividend yield of 4.92%. The ex-dividend date is Tuesday, May 14th.
Blackrock Muniyield Fund has decreased its dividend by an average of 4.3% per year over the last three years.
Shares of MYD stock traded up $0.09 during trading on Friday, reaching $14.40. The company had a trading volume of 48,500 shares, compared to its average volume of 96,742. Blackrock Muniyield Fund has a one year low of $12.29 and a one year high of $14.55.
Blackrock Muniyield Fund Company Profile
BlackRock MuniYield Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily in long-term investment-grade municipal bonds with a maturity of more than ten years. It is exempt from federal income taxes.
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