Blackrock Muniyield Fund Inc. (NYSE:MYD) declared a — dividend on Thursday, September 5th, Wall Street Journal reports. Investors of record on Monday, September 16th will be given a dividend of 0.056 per share by the financial services provider on Tuesday, October 1st. This represents a yield of 4.5%. The ex-dividend date of this dividend is Friday, September 13th.
Blackrock Muniyield Fund has decreased its dividend by an average of 4.3% per year over the last three years.
Shares of MYD stock opened at $14.76 on Wednesday. Blackrock Muniyield Fund has a fifty-two week low of $12.29 and a fifty-two week high of $15.17. The stock has a 50 day moving average price of $14.88 and a two-hundred day moving average price of $14.37.
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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