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

BlackRock MuniYield Fund, Inc. (NYSE:MYDGet Free Report) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.0545 per share by the financial services provider on Monday, February 3rd. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.18%. The ex-dividend date of this dividend is Wednesday, January 15th.

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

BlackRock MuniYield Fund Stock Performance

MYD traded up $0.10 during midday trading on Friday, reaching $10.59. 111,855 shares of the company were exchanged, compared to its average volume of 112,378. BlackRock MuniYield Fund has a one year low of $10.27 and a one year high of $11.74. The company’s fifty day moving average price is $11.02 and its 200 day moving average price is $11.11.

BlackRock MuniYield Fund Company Profile

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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.

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Dividend History for BlackRock MuniYield Fund (NYSE:MYD)

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