Blackrock Coporate High Yield Fund (NYSE:HYT) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Investors of record on Monday, July 15th will be paid a dividend of 0.072 per share by the investment management company on Wednesday, July 31st. This represents a $0.86 dividend on an annualized basis and a yield of 8.00%. The ex-dividend date is Friday, July 12th. This is an increase from Blackrock Coporate High Yield Fund’s previous monthly dividend of $0.07.
Blackrock Coporate High Yield Fund has increased its dividend payment by an average of 2.9% annually over the last three years.
NYSE HYT opened at $10.80 on Wednesday. The company’s 50-day moving average is $10.55. Blackrock Coporate High Yield Fund has a fifty-two week low of $8.95 and a fifty-two week high of $10.84.
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.
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