James Keenan Acquires 50,000 Shares of Blackrock Corporate High Yield Fund Inc (HYT) Stock
Blackrock Corporate High Yield Fund Inc (NYSE:HYT) insider James Keenan purchased 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 6th. The shares were purchased at an average cost of $10.66 per share, for a total transaction of $533,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Blackrock Corporate High Yield Fund Inc (NYSE HYT) opened at $10.57 on Friday. Blackrock Corporate High Yield Fund Inc has a 52 week low of $10.46 and a 52 week high of $11.47.
The company also recently declared a monthly dividend, which will be paid on Wednesday, February 28th. Investors of record on Thursday, February 15th will be paid a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a yield of 7.95%. The ex-dividend date is Wednesday, February 14th.
TRADEMARK VIOLATION WARNING: This piece of content was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of U.S. and international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.thecerbatgem.com/2018/02/10/james-keenan-acquires-50000-shares-of-blackrock-corporate-high-yield-fund-inc-hyt-stock.html.
About Blackrock Corporate High Yield Fund
BlackRock Corporate High Yield Fund, Inc is a diversified, closed-end management investment company. The Trust’s primary investment objective is to provide shareholders with current income. The Trust’s secondary investment objective is to provide shareholders with capital appreciation. The Trust seeks to achieve its objectives by investing primarily in a diversified portfolio of fixed income securities, which are rated below investment grade or, if unrated, are considered by the investment advisor to be of comparable quality.
Receive News & Ratings for Blackrock Corporate High Yield Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Corporate High Yield Fund and related companies with MarketBeat.com's FREE daily email newsletter.