BlackRock Corporate High Yield Fund, Inc. (HYT) to Issue Monthly Dividend of $0.08 on January 30th

BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Tuesday, January 20th will be given a dividend of 0.0779 per share by the investment management company on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 10.5%. The ex-dividend date of this dividend is Tuesday, January 20th.

BlackRock Corporate High Yield Fund Stock Up 0.1%

HYT opened at $8.90 on Friday. The company has a fifty day moving average price of $9.16 and a two-hundred day moving average price of $9.44. BlackRock Corporate High Yield Fund has a 1-year low of $7.84 and a 1-year high of $10.02.

BlackRock Corporate High Yield Fund Company Profile

BlackRock Corporate High Yield Fund (NYSE: HYT) is a diversified, closed-end management investment company designed to offer investors exposure to the credit market’s higher-yielding segment. The fund primarily seeks to generate high current income by investing in below-investment-grade corporate debt securities across a broad range of industries. It may also allocate a portion of its assets to investment-grade bonds and cash equivalents, allowing for flexible portfolio positioning in response to market conditions.

HYT’s investment strategy emphasizes bottom-up credit research, focusing on issuers with strong cash flow potential and sound balance sheets relative to their high-yield peers.