BlackRock MuniYield Fund, Inc. (NYSE:MYD) Plans $0.05 Monthly Dividend

BlackRock MuniYield Fund, Inc. (NYSE:MYD) declared a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Investors of record on Wednesday, May 15th will be paid a dividend of 0.0525 per share by the financial services provider on Monday, June 3rd. This represents a $0.63 dividend on an annualized basis and a dividend yield of 5.89%. The ex-dividend date of this dividend is Tuesday, May 14th.

BlackRock MuniYield Fund Stock Up 1.0 %

Shares of MYD opened at $10.69 on Friday. BlackRock MuniYield Fund has a 1 year low of $8.76 and a 1 year high of $11.30. The stock has a 50 day simple moving average of $10.91 and a two-hundred day simple moving average of $10.51.

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.