BlackRock MuniYield New York Quality Fund, Inc. (MYN) to Issue Monthly Dividend of $0.05 on February 2nd

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) announced a monthly dividend on Friday, January 2nd. Investors of record on Tuesday, January 20th will be paid a dividend of 0.0512 per share by the investment management company on Monday, February 2nd. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Tuesday, January 20th.

BlackRock MuniYield New York Quality Fund Trading Up 0.3%

NYSE MYN traded up $0.03 on Friday, reaching $10.10. The company had a trading volume of 49,674 shares, compared to its average volume of 86,518. The company’s fifty day moving average is $10.01 and its 200 day moving average is $9.78. BlackRock MuniYield New York Quality Fund has a 52-week low of $9.12 and a 52-week high of $10.33.

About BlackRock MuniYield New York Quality Fund

BlackRock MuniYield New York Quality Fund (NYSE: MYN) is a diversified, closed-end management investment company that seeks to deliver current income exempt from federal and New York State income taxes. The fund primarily invests in a portfolio of municipal securities, with an emphasis on investment-grade obligations issued by entities located within New York State.

The fund’s investment strategy focuses on long-term, tax-exempt income by allocating assets to general obligation bonds, revenue bonds, and other municipal debt instruments rated in the upper tiers of the major credit rating agencies.