BlackRock MuniYield Fund, Inc. (NYSE:MYD – Get Free Report) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be paid a dividend of 0.0545 per share by the financial services provider on Monday, February 3rd. This represents a $0.65 annualized dividend and a yield of 6.18%. The ex-dividend date is Wednesday, January 15th.
BlackRock MuniYield Fund has decreased its dividend payment by an average of 11.7% per year over the last three years.
BlackRock MuniYield Fund Trading Up 1.0 %
Shares of NYSE MYD traded up $0.10 during mid-day trading on Friday, reaching $10.59. 111,855 shares of the company’s stock were exchanged, compared to its average volume of 112,378. The business has a fifty day simple moving average of $11.02 and a 200 day simple moving average of $11.11. BlackRock MuniYield Fund has a twelve month low of $10.27 and a twelve month high of $11.74.
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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