BlackRock MuniYield Fund, Inc. (NYSE:MYD – Get Free Report) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Monday, July 15th will be paid a dividend of 0.0525 per share by the financial services provider on Thursday, August 1st. This represents a $0.63 annualized dividend and a yield of 5.83%. The ex-dividend date is Monday, July 15th.
BlackRock MuniYield Fund has decreased its dividend by an average of 11.7% annually over the last three years.
BlackRock MuniYield Fund Price Performance
Shares of MYD stock opened at $10.80 on Wednesday. The stock’s 50-day moving average is $10.72 and its 200 day moving average is $10.80. BlackRock MuniYield Fund has a 1-year low of $8.76 and a 1-year high of $11.30.
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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