BlackRock MuniYield Fund, Inc. (MYD) to Issue Monthly Dividend of $0.05 on September 3rd

BlackRock MuniYield Fund, Inc. (NYSE:MYD) announced a monthly dividend on Thursday, August 1st, NASDAQ reports. Stockholders of record on Thursday, August 15th will be paid a dividend of 0.0525 per share by the financial services provider on Tuesday, September 3rd. This represents a $0.63 annualized dividend and a dividend yield of 5.66%. The ex-dividend date is Thursday, August 15th.

BlackRock MuniYield Fund has decreased its dividend by an average of 11.7% per year over the last three years.

BlackRock MuniYield Fund Stock Performance

MYD opened at $11.13 on Tuesday. The stock’s fifty day moving average is $10.86 and its two-hundred day moving average is $10.86. BlackRock MuniYield Fund has a 52 week low of $8.76 and a 52 week high of $11.30.

BlackRock MuniYield Fund Company Profile

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.