BlackRock MuniYield Fund, Inc. (NYSE:MYD – Get Free Report) declared a monthly dividend on Thursday, September 12th, NASDAQ reports. Investors of record on Tuesday, October 15th will be given a dividend of 0.0545 per share by the financial services provider on Friday, November 1st. This represents a $0.65 dividend on an annualized basis and a yield of 5.72%. The ex-dividend date is Tuesday, October 15th. This is a boost from BlackRock MuniYield Fund’s previous monthly dividend of $0.05.
BlackRock MuniYield Fund has decreased its dividend by an average of 11.7% per year over the last three years.
BlackRock MuniYield Fund Trading Down 0.1 %
NYSE MYD traded down $0.01 on Friday, hitting $11.43. 70,822 shares of the stock traded hands, compared to its average volume of 166,331. The stock has a 50-day moving average of $11.33 and a 200 day moving average of $10.98. BlackRock MuniYield Fund has a twelve month low of $8.76 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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