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

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BlackRock MuniYield Fund, Inc. (NYSE:MYD - Get Free Report) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.0545 per share by the financial services provider on Thursday, May 1st. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.21%. The ex-dividend date is Tuesday, April 15th.

BlackRock MuniYield Fund has decreased its dividend by an average of 1.2% annually over the last three years.

BlackRock MuniYield Fund Stock Down 1.0 %

Shares of BlackRock MuniYield Fund stock traded down $0.11 during trading hours on Friday, hitting $10.53. The company's stock had a trading volume of 141,668 shares, compared to its average volume of 141,888. BlackRock MuniYield Fund has a 12 month low of $10.27 and a 12 month high of $11.74. The stock has a 50 day moving average of $10.69 and a 200 day moving average of $10.94.

About BlackRock MuniYield Fund

(Get Free Report)

BlackRock MuniYield Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily in long-term investment-grade municipal bonds with a maturity of more than ten years. It is exempt from federal income taxes.

Further Reading

Dividend History for BlackRock MuniYield Fund (NYSE:MYD)

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