BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) Plans $0.04 Monthly Dividend

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYNGet Free Report) announced a monthly dividend on Friday, November 17th, Wall Street Journal reports. Stockholders of record on Thursday, February 15th will be given a dividend of 0.0442 per share by the investment management company on Friday, March 1st. This represents a $0.53 dividend on an annualized basis and a dividend yield of 5.18%. The ex-dividend date is Wednesday, February 14th.

BlackRock MuniYield New York Quality Fund Stock Performance

MYN opened at $10.24 on Monday. The stock has a fifty day moving average of $10.24 and a 200-day moving average of $9.64. BlackRock MuniYield New York Quality Fund has a 12-month low of $8.47 and a 12-month high of $10.46.

Institutional Trading of BlackRock MuniYield New York Quality Fund

A number of hedge funds have recently modified their holdings of MYN. Raymond James Financial Services Advisors Inc. increased its stake in shares of BlackRock MuniYield New York Quality Fund by 32.9% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 19,967 shares of the investment management company’s stock worth $242,000 after acquiring an additional 4,939 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of BlackRock MuniYield New York Quality Fund by 11.8% in the first quarter. Bank of New York Mellon Corp now owns 16,849 shares of the investment management company’s stock worth $203,000 after acquiring an additional 1,774 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of BlackRock MuniYield New York Quality Fund by 13.7% in the first quarter. NewEdge Advisors LLC now owns 14,150 shares of the investment management company’s stock worth $171,000 after acquiring an additional 1,700 shares during the last quarter. Atria Wealth Solutions Inc. acquired a new position in shares of BlackRock MuniYield New York Quality Fund in the first quarter worth $610,000. Finally, Guggenheim Capital LLC increased its stake in shares of BlackRock MuniYield New York Quality Fund by 9.5% in the first quarter. Guggenheim Capital LLC now owns 443,825 shares of the investment management company’s stock worth $5,370,000 after acquiring an additional 38,503 shares during the last quarter. Hedge funds and other institutional investors own 24.34% of the company’s stock.

About BlackRock MuniYield New York Quality Fund

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BlackRock MuniYield New York Quality Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in a portfolio of long-term investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes.

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Dividend History for BlackRock MuniYield New York Quality Fund (NYSE:MYN)

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