BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) to Issue $0.05 Monthly Dividend

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) announced a monthly dividend on Friday, December 12th. Shareholders of record on Monday, December 22nd will be given a dividend of 0.0512 per share by the investment management company on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Monday, December 22nd.

BlackRock MuniYield New York Quality Fund Price Performance

NYSE:MYN traded down $0.01 during mid-day trading on Friday, hitting $9.94. The company’s stock had a trading volume of 202,720 shares, compared to its average volume of 114,828. The business’s fifty day moving average is $10.06 and its two-hundred day moving average is $9.71. BlackRock MuniYield New York Quality Fund has a 1 year low of $9.12 and a 1 year high of $10.33.

About BlackRock MuniYield New York Quality Fund

BlackRock MuniYield New York Quality Fund (NYSE: MYN) is a diversified, closed-end management investment company that seeks to deliver current income exempt from federal and New York State income taxes. The fund primarily invests in a portfolio of municipal securities, with an emphasis on investment-grade obligations issued by entities located within New York State.

The fund’s investment strategy focuses on long-term, tax-exempt income by allocating assets to general obligation bonds, revenue bonds, and other municipal debt instruments rated in the upper tiers of the major credit rating agencies.