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

BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.0779 per share by the investment management company on Monday, March 31st. This represents a $0.93 annualized dividend and a dividend yield of 9.53%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock Corporate High Yield Fund has decreased its dividend by an average of 0.7% annually over the last three years.

BlackRock Corporate High Yield Fund Trading Down 0.9 %

BlackRock Corporate High Yield Fund stock traded down $0.09 during mid-day trading on Tuesday, hitting $9.81. 884,179 shares of the company’s stock traded hands, compared to its average volume of 652,995. The firm has a 50 day simple moving average of $9.82 and a two-hundred day simple moving average of $9.88. BlackRock Corporate High Yield Fund has a fifty-two week low of $9.21 and a fifty-two week high of $10.16.

About BlackRock Corporate High Yield Fund

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.