BlackRock Corporate High Yield Fund, Inc. (HYT) To Go Ex-Dividend on February 13th

BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Friday, February 13th will be given a dividend of 0.0779 per share by the investment management company on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 10.5%. The ex-dividend date is Friday, February 13th.

BlackRock Corporate High Yield Fund Stock Performance

BlackRock Corporate High Yield Fund stock traded down $0.02 during trading hours on Wednesday, reaching $8.95. 382,185 shares of the company’s stock were exchanged, compared to its average volume of 1,427,366. BlackRock Corporate High Yield Fund has a twelve month low of $7.84 and a twelve month high of $9.96. The firm’s 50 day simple moving average is $8.99 and its 200 day simple moving average is $9.33.

About BlackRock Corporate High Yield Fund

BlackRock Corporate High Yield Fund (NYSE: HYT) is a diversified, closed-end management investment company designed to offer investors exposure to the credit market’s higher-yielding segment. The fund primarily seeks to generate high current income by investing in below-investment-grade corporate debt securities across a broad range of industries. It may also allocate a portion of its assets to investment-grade bonds and cash equivalents, allowing for flexible portfolio positioning in response to market conditions.

HYT’s investment strategy emphasizes bottom-up credit research, focusing on issuers with strong cash flow potential and sound balance sheets relative to their high-yield peers.