BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA - Get Free Report) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be paid a dividend of 0.066 per share by the investment management company on Thursday, May 1st. This represents a $0.79 annualized dividend and a yield of 7.58%. The ex-dividend date is Tuesday, April 15th.
BlackRock MuniYield Pennsylvania Quality Fund has increased its dividend by an average of 2.9% annually over the last three years.
BlackRock MuniYield Pennsylvania Quality Fund Price Performance
NYSE MPA traded down $0.44 on Tuesday, hitting $10.45. The stock had a trading volume of 66,638 shares, compared to its average volume of 25,283. BlackRock MuniYield Pennsylvania Quality Fund has a 52-week low of $10.37 and a 52-week high of $12.82. The business's fifty day moving average price is $11.46 and its 200 day moving average price is $11.87.
Insiders Place Their Bets
In other news, major shareholder Saba Capital Management, L.P. sold 4,582 shares of the company's stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $11.59, for a total value of $53,105.38. Following the sale, the insider now directly owns 1,987,259 shares of the company's stock, valued at $23,032,331.81. This represents a 0.23 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders have sold 124,289 shares of company stock valued at $1,455,785. Insiders own 1.00% of the company's stock.
About BlackRock MuniYield Pennsylvania Quality Fund
(
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.
Further Reading
Before you consider BlackRock MuniYield Pennsylvania Quality Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackRock MuniYield Pennsylvania Quality Fund wasn't on the list.
While BlackRock MuniYield Pennsylvania Quality Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
