BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) Declares Monthly Dividend of $0.04

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) declared a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Investors of record on Wednesday, May 15th will be given a dividend of 0.0442 per share by the investment management company on Monday, June 3rd. This represents a $0.53 dividend on an annualized basis and a yield of 5.22%. The ex-dividend date is Tuesday, May 14th.

BlackRock MuniYield New York Quality Fund has decreased its dividend by an average of 10.3% per year over the last three years.

BlackRock MuniYield New York Quality Fund Stock Performance

NYSE MYN traded up $0.09 during trading on Friday, reaching $10.16. The company’s stock had a trading volume of 226,983 shares, compared to its average volume of 78,101. The firm has a 50 day moving average price of $10.36 and a 200 day moving average price of $10.02. BlackRock MuniYield New York Quality Fund has a 12 month low of $8.47 and a 12 month high of $10.62.

BlackRock MuniYield New York Quality Fund Company Profile

BlackRock MuniYield New York Quality Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in a portfolio of long-term investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes.