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

BlackRock MuniYield Fund, Inc. (NYSE:MYD) announced a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Stockholders of record on Monday, December 16th will be given a dividend of 0.0545 per share by the financial services provider on Tuesday, December 31st. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.91%. The ex-dividend date is Monday, December 16th.

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 Down 0.8 %

NYSE MYD traded down $0.09 on Friday, reaching $11.07. 98,776 shares of the company’s stock traded hands, compared to its average volume of 162,393. The stock has a 50 day moving average price of $11.27 and a 200-day moving average price of $11.13. BlackRock MuniYield Fund has a fifty-two week low of $10.35 and a fifty-two week high of $11.74.

BlackRock MuniYield Fund Company Profile

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.