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

BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.0779 per share by the investment management company on Monday, March 31st. This represents a $0.93 annualized dividend and a yield of 9.53%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock Corporate High Yield Fund has decreased its dividend by an average of 0.7% annually over the last three years.

BlackRock Corporate High Yield Fund Price Performance

HYT stock traded down $0.09 during mid-day trading on Tuesday, reaching $9.81. 884,179 shares of the stock traded hands, compared to its average volume of 652,995. The stock’s fifty day moving average is $9.82 and its 200-day moving average is $9.88. BlackRock Corporate High Yield Fund has a 52-week low of $9.21 and a 52-week high of $10.16.

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.