BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) Plans Dividend Increase – $0.05 Per Share

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) announced a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Stockholders of record on Monday, December 16th will be given a dividend of 0.0512 per share by the investment management company on Tuesday, December 31st. This represents a $0.61 dividend on an annualized basis and a dividend yield of 5.90%. The ex-dividend date is Monday, December 16th. This is a positive change from BlackRock MuniYield New York Quality Fund’s previous monthly dividend of $0.04.

BlackRock MuniYield New York Quality Fund Trading Down 1.3 %

Shares of NYSE MYN traded down $0.14 during mid-day trading on Friday, hitting $10.42. 85,148 shares of the stock traded hands, compared to its average volume of 79,921. BlackRock MuniYield New York Quality Fund has a twelve month low of $9.97 and a twelve month high of $10.87. The firm has a 50 day simple moving average of $10.48 and a two-hundred day simple moving average of $10.51.

BlackRock MuniYield New York Quality Fund Company Profile

BlackRock MuniYield New York Quality Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in a portfolio of long-term investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes.