BlackRock Corporate High Yield Fund, Inc. Declares Monthly Dividend of $0.08 (NYSE:HYT)

BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) announced a monthly dividend on Wednesday, June 4th, Wall Street Journal reports. Investors of record on Friday, June 13th will be paid a dividend of 0.0779 per share by the investment management company on Monday, June 30th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 9.66%. The ex-dividend date is Friday, June 13th.

BlackRock Corporate High Yield Fund Stock Down 0.1%

NYSE:HYT opened at $9.68 on Thursday. The stock’s fifty day moving average price is $9.40 and its two-hundred day moving average price is $9.67. BlackRock Corporate High Yield Fund has a 52-week low of $7.84 and a 52-week high of $10.16.

BlackRock Corporate High Yield Fund Company Profile

BlackRock Corporate High Yield Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets across the globe. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in bonds rated Ba or lower by Moody's Investors Service, Inc, or BB or lower by Standard & Poor's Corporation.