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

BlackRock MuniYield Fund, Inc. (NYSE:MYDGet Free Report) announced a monthly dividend on Thursday, September 12th, NASDAQ reports. Stockholders of record on Tuesday, October 15th will be paid 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 dividend yield of 5.72%. The ex-dividend date of this dividend 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 opened at $11.43 on Monday. The business’s 50-day moving average price is $11.33 and its 200 day moving average price is $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

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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.

See Also

Dividend History for BlackRock MuniYield Fund (NYSE:MYD)

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