BlackRock MuniYield Fund, Inc. Announces Monthly Dividend of $0.05 (NYSE:MYD)

BlackRock MuniYield Fund, Inc. (NYSE:MYDGet Free Report) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.0545 per share by the financial services provider on Thursday, May 1st. This represents a $0.65 dividend on an annualized basis and a yield of 6.14%. The ex-dividend date is Tuesday, April 15th.

BlackRock MuniYield Fund has decreased its dividend payment by an average of 1.2% annually over the last three years.

BlackRock MuniYield Fund Stock Up 0.6 %

MYD traded up $0.06 during midday trading on Thursday, hitting $10.66. 163,246 shares of the company were exchanged, compared to its average volume of 141,277. The firm’s 50 day moving average price is $10.69 and its 200-day moving average price is $10.95. BlackRock MuniYield Fund has a 1-year low of $10.27 and a 1-year high of $11.74.

About BlackRock MuniYield Fund

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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.

See Also

Dividend History for BlackRock MuniYield Fund (NYSE:MYD)

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