BlackRock MuniYield Fund, Inc. (NYSE:MYD – Get Free Report) 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 annualized dividend and a dividend yield of 5.91%. The ex-dividend date of this dividend is Monday, December 16th.
BlackRock MuniYield Fund has decreased its dividend payment by an average of 11.7% annually over the last three years.
BlackRock MuniYield Fund Stock Down 0.8 %
MYD traded down $0.09 on Friday, hitting $11.07. The company had a trading volume of 98,776 shares, compared to its average volume of 162,393. The company’s fifty day moving average price is $11.27 and its 200 day moving average price is $11.13. BlackRock MuniYield Fund has a 1-year low of $10.35 and a 1-year 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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