BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) Plans $0.08 Monthly Dividend

BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Monday, July 15th will be given a dividend of 0.0779 per share by the investment management company on Wednesday, July 31st. This represents a $0.93 dividend on an annualized basis and a yield of 9.64%. The ex-dividend date is Monday, July 15th.

BlackRock Corporate High Yield Fund Price Performance

HYT stock opened at $9.70 on Wednesday. BlackRock Corporate High Yield Fund has a twelve month low of $8.18 and a twelve month high of $9.96. The business’s fifty day moving average is $9.73 and its 200-day moving average is $9.65.

BlackRock Corporate High Yield Fund Company Profile

BlackRock Corporate High Yield Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets across the globe. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in bonds rated Ba or lower by Moody's Investors Service, Inc, or BB or lower by Standard & Poor's Corporation.