BlackRock MuniYield Investment Fund (NYSE:MYF) declared a monthly dividend on Wednesday, June 5th, Wall Street Journal reports. Investors of record on Friday, June 14th will be paid a dividend of 0.062 per share by the financial services provider on Monday, July 1st. This represents a $0.74 dividend on an annualized basis and a yield of 5.08%. The ex-dividend date is Thursday, June 13th.
BlackRock MuniYield Investment Fund has decreased its dividend by an average of 2.7% per year over the last three years.
MYF remained flat at $$14.65 on Wednesday. The company had a trading volume of 2,400 shares, compared to its average volume of 15,984. BlackRock MuniYield Investment Fund has a 52-week low of $12.59 and a 52-week high of $14.89.
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About BlackRock MuniYield Investment Fund
BlackRock MuniYield Investment Fund is a closed ended fixed income launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in long-term investment grade municipal obligations exempt from federal income taxes. BlackRock MuniYield Investment Fund was formed in February 28, 1992 and is domiciled in United States.
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