BlackRock MuniYield Fund, Inc. (NYSE:MYD) Announces $0.05 Monthly Dividend

BlackRock MuniYield Fund, Inc. (NYSE:MYD) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.0545 per share by the financial services provider on Monday, December 2nd. This represents a $0.65 annualized dividend and a dividend yield of 5.78%. The ex-dividend date of this dividend is Friday, November 15th.

BlackRock MuniYield Fund has decreased its dividend by an average of 11.7% per year over the last three years.

BlackRock MuniYield Fund Stock Up 0.7 %

Shares of MYD stock traded up $0.08 during trading hours on Wednesday, hitting $11.31. The company’s stock had a trading volume of 17,997 shares, compared to its average volume of 166,341. The company has a 50 day moving average of $11.37 and a 200 day moving average of $11.04. BlackRock MuniYield Fund has a 12-month low of $9.63 and a 12-month high of $11.74.

BlackRock MuniYield Fund Company Profile

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.