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

BlackRock MuniYield Fund, Inc. (NYSE:MYDGet Free Report) announced a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Stockholders of record on Monday, December 16th will be paid a dividend of 0.0545 per share by the financial services provider on Tuesday, December 31st. This represents a $0.65 annualized dividend and a dividend yield of 5.91%. The ex-dividend date is Monday, December 16th.

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

BlackRock MuniYield Fund Stock Down 0.8 %

Shares of MYD traded down $0.09 during mid-day trading on Friday, hitting $11.07. 98,776 shares of the stock were exchanged, compared to its average volume of 162,393. BlackRock MuniYield Fund has a 52-week low of $10.35 and a 52-week high of $11.74. The firm has a 50-day moving average of $11.27 and a two-hundred day moving average of $11.13.

About BlackRock MuniYield Fund

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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.

Further Reading

Dividend History for BlackRock MuniYield Fund (NYSE:MYD)

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