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

by · The Cerbat Gem

BlackRock MuniYield Fund, Inc. (NYSE:MYD – Get Free Report) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders 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 dividend on an annualized basis and a yield of 5.78%. The ex-dividend date is Friday, November 15th.

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

BlackRock MuniYield Fund Stock Performance

Shares of MYD stock traded up $0.09 during trading hours on Wednesday, reaching $11.32. 20,900 shares of the company’s stock were exchanged, compared to its average volume of 166,355. The company’s 50 day moving average is $11.37 and its two-hundred day moving average is $11.04. BlackRock MuniYield Fund has a 1 year low of $9.63 and a 1 year high of $11.74.

About BlackRock MuniYield Fund

(Get Free Report)

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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