BlackRock MuniYield New York Insured Fnd Announces — Dividend of $0.04 (NYSE:MYN)
BlackRock MuniYield New York Insured Fnd (NYSE:MYN) announced a — dividend on Thursday, September 5th, Wall Street Journal reports. Shareholders of record on Monday, September 16th will be paid a dividend of 0.0425 per share by the investment management company on Tuesday, October 1st. This represents a yield of 3.9%. The ex-dividend date is Friday, September 13th.
BlackRock MuniYield New York Insured Fnd has decreased its dividend payment by an average of 8.2% per year over the last three years.
MYN traded down $0.07 during trading on Thursday, hitting $12.94. 250 shares of the company’s stock traded hands, compared to its average volume of 49,554. The company’s 50 day simple moving average is $13.14 and its two-hundred day simple moving average is $12.67. BlackRock MuniYield New York Insured Fnd has a 12-month low of $11.09 and a 12-month high of $13.30.
BlackRock MuniYield New York Quality Fund, Inc 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 a portfolio of long-term investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes.
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