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

BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.0779 per share by the investment management company on Friday, January 31st. This represents a $0.93 annualized dividend and a yield of 9.54%. The ex-dividend date of this dividend is Wednesday, January 15th.

BlackRock Corporate High Yield Fund Trading Down 1.0 %

BlackRock Corporate High Yield Fund stock traded down $0.10 during midday trading on Friday, hitting $9.80. 859,152 shares of the company’s stock were exchanged, compared to its average volume of 1,058,776. BlackRock Corporate High Yield Fund has a 12-month low of $9.21 and a 12-month high of $10.16. The firm’s 50 day simple moving average is $9.87 and its 200 day simple moving average is $9.86.

BlackRock Corporate High Yield Fund Company Profile

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.