BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) to Issue Monthly Dividend of $0.08

BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) declared a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Stockholders of record on Monday, December 16th will be paid a dividend of 0.0779 per share by the investment management company on Monday, December 23rd. This represents a $0.93 annualized dividend and a dividend yield of 9.39%. The ex-dividend date is Monday, December 16th.

BlackRock Corporate High Yield Fund Stock Performance

BlackRock Corporate High Yield Fund stock traded down $0.02 during midday trading on Friday, hitting $9.96. 544,972 shares of the stock were exchanged, compared to its average volume of 439,485. The company has a 50 day moving average price of $9.91 and a two-hundred day moving average price of $9.85. BlackRock Corporate High Yield Fund has a 1 year low of $9.13 and a 1 year high of $10.16.

About BlackRock Corporate High Yield Fund

BlackRock Corporate High Yield Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets across the globe. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in bonds rated Ba or lower by Moody's Investors Service, Inc, or BB or lower by Standard & Poor's Corporation.