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BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) Announces $0.07 Monthly Dividend

BlackRock MuniYield Pennsylvania Quality Fund logo with Finance background

BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA - Get Free Report) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.066 per share by the investment management company on Tuesday, April 1st. This represents a $0.79 annualized dividend and a yield of 6.79%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock MuniYield Pennsylvania Quality Fund has raised its dividend payment by an average of 2.9% per year over the last three years.

BlackRock MuniYield Pennsylvania Quality Fund Trading Down 0.6 %

Shares of NYSE:MPA traded down $0.07 during trading hours on Tuesday, hitting $11.67. The company's stock had a trading volume of 18,067 shares, compared to its average volume of 26,209. The firm's fifty day moving average price is $11.74 and its 200 day moving average price is $12.07. BlackRock MuniYield Pennsylvania Quality Fund has a 52 week low of $11.31 and a 52 week high of $12.82.

Insider Buying and Selling

In other BlackRock MuniYield Pennsylvania Quality Fund news, major shareholder Saba Capital Management, L.P. sold 3,268 shares of the business's stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $11.84, for a total value of $38,693.12. Following the completion of the transaction, the insider now directly owns 2,202,857 shares in the company, valued at approximately $26,081,826.88. The trade was a 0.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold 116,198 shares of company stock valued at $1,362,822 over the last 90 days. Corporate insiders own 1.00% of the company's stock.

BlackRock MuniYield Pennsylvania Quality Fund Company Profile

(Get Free Report)

BlackRock MuniYield Pennsylvania Quality Fund is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in long-term investment grade municipal obligations exempt from federal income taxes and Pennsylvania income taxes.

See Also

Dividend History for BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA)

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