BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) Plans $0.05 Monthly Dividend

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYNGet Free Report) announced a monthly dividend on Friday, June 5th. Shareholders of record on Friday, August 14th will be paid a dividend of 0.0512 per share by the investment management company on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Friday, August 14th.

BlackRock MuniYield New York Quality Fund Stock Up 0.1%

Shares of BlackRock MuniYield New York Quality Fund stock opened at $9.82 on Wednesday. BlackRock MuniYield New York Quality Fund has a one year low of $9.15 and a one year high of $10.26. The stock’s fifty day moving average is $9.98 and its 200 day moving average is $9.95.

Institutional Investors Weigh In On BlackRock MuniYield New York Quality Fund

A number of institutional investors have recently bought and sold shares of the business. Elyxium Wealth LLC bought a new position in shares of BlackRock MuniYield New York Quality Fund in the fourth quarter worth about $42,000. Western Wealth Management LLC purchased a new position in BlackRock MuniYield New York Quality Fund in the 1st quarter worth approximately $89,000. Readystate Asset Management LP purchased a new position in BlackRock MuniYield New York Quality Fund in the 4th quarter worth approximately $122,000. Meeder Advisory Services Inc. bought a new position in BlackRock MuniYield New York Quality Fund in the 1st quarter worth approximately $122,000. Finally, HRT Financial LP bought a new position in BlackRock MuniYield New York Quality Fund in the 4th quarter worth approximately $136,000. Hedge funds and other institutional investors own 29.32% of the company’s stock.

BlackRock MuniYield New York Quality Fund Company Profile

(Get Free Report)

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.

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Dividend History for BlackRock MuniYield New York Quality Fund (NYSE:MYN)

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