Blackrock Muniyield Fund Inc. (NYSE:MYD) announced a monthly dividend on Monday, February 5th, Wall Street Journal reports. Shareholders of record on Thursday, February 15th will be paid a dividend of 0.067 per share by the financial services provider on Thursday, March 1st. This represents a $0.80 dividend on an annualized basis and a yield of 5.87%. The ex-dividend date of this dividend is Wednesday, February 14th.
Blackrock Muniyield Fund has decreased its dividend by an average of 10.0% per year over the last three years.
Shares of Blackrock Muniyield Fund (MYD) traded down $0.12 during midday trading on Monday, hitting $13.70. The stock had a trading volume of 177,096 shares, compared to its average volume of 131,496. Blackrock Muniyield Fund has a 12-month low of $13.65 and a 12-month high of $15.73.
In other Blackrock Muniyield Fund news, insider Theodore R. Jaeckel, Jr. bought 3,500 shares of the business’s stock in a transaction dated Tuesday, November 7th. The shares were purchased at an average price of $14.37 per share, for a total transaction of $50,295.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.00% of the stock is owned by insiders.
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Blackrock Muniyield Fund Company Profile
BlackRock MuniYield Fund, Inc is a non-diversified closed-end management investment fund. The Fund’s investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management.
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