BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) to Issue Monthly Dividend of $0.08

BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be given a dividend of 0.0779 per share by the investment management company on Friday, February 28th. This represents a $0.93 annualized dividend and a dividend yield of 9.41%. The ex-dividend date is Friday, February 14th.

BlackRock Corporate High Yield Fund Stock Performance

Shares of HYT stock traded up $0.06 during trading hours on Tuesday, reaching $9.94. 418,453 shares of the company’s stock were exchanged, compared to its average volume of 614,934. BlackRock Corporate High Yield Fund has a fifty-two week low of $9.21 and a fifty-two week high of $10.16. The stock’s 50 day moving average is $9.84 and its 200-day moving average is $9.87.

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.