BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT – Get Free Report) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.0779 per share by the investment management company on Wednesday, April 30th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 10.75%. The ex-dividend date of this dividend is Tuesday, April 15th.
BlackRock Corporate High Yield Fund has decreased its dividend payment by an average of 0.7% annually over the last three years.
BlackRock Corporate High Yield Fund Price Performance
Shares of NYSE:HYT opened at $8.70 on Friday. BlackRock Corporate High Yield Fund has a 52-week low of $8.57 and a 52-week high of $10.16. The stock’s 50-day simple moving average is $9.73 and its two-hundred day simple moving average is $9.83.
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.
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