BlackRock MuniYield Fund, Inc. Declares Monthly Dividend of $0.05 (NYSE:MYD)

BlackRock MuniYield Fund, Inc. (NYSE:MYDGet Free Report) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Tuesday, January 20th will be given a dividend of 0.0545 per share by the financial services provider 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 Fund Trading Up 0.2%

MYD opened at $10.66 on Friday. The business’s 50-day moving average is $10.46 and its two-hundred day moving average is $10.34. BlackRock MuniYield Fund has a 1 year low of $9.65 and a 1 year high of $10.92.

About BlackRock MuniYield Fund

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BlackRock MuniYield Fund (NYSE: MYD) is a closed-end management investment company that seeks to provide shareholders with current income exempt from regular federal income tax. The fund primarily invests in U.S. municipal fixed-income securities, including investment-grade and certain lower-rated bonds that the portfolio managers believe offer attractive yield opportunities. Through its diversified municipal bond portfolio, MYD aims to deliver tax-advantaged income while managing credit and interest rate risk.

MYD’s investment strategy focuses on geographic and sector diversification across states and local governmental entities, covering a range of project types such as education, transportation, healthcare and general obligation bonds.

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Dividend History for BlackRock MuniYield Fund (NYSE:MYD)

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