BlackRock MuniYield Fund, Inc. (NYSE:MYD – Get Free Report) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be paid 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 of this dividend 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 %
Shares of NYSE:MYD traded up $0.06 during midday trading on Thursday, reaching $10.66. The company’s stock had a trading volume of 163,246 shares, compared to its average volume of 141,277. BlackRock MuniYield Fund has a fifty-two week low of $10.27 and a fifty-two week high of $11.74. The firm has a 50 day moving average price of $10.69 and a two-hundred day moving average price of $10.95.
About BlackRock MuniYield Fund
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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