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

BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Monday, July 15th will be paid a dividend of 0.0779 per share by the investment management company on Wednesday, July 31st. This represents a $0.93 dividend on an annualized basis and a yield of 9.50%. The ex-dividend date of this dividend is Monday, July 15th.

BlackRock Corporate High Yield Fund Stock Up 0.6 %

Shares of BlackRock Corporate High Yield Fund stock opened at $9.84 on Friday. BlackRock Corporate High Yield Fund has a one year low of $8.18 and a one year high of $9.96. The business’s 50 day simple moving average is $9.74 and its two-hundred day simple moving average is $9.67.

About BlackRock Corporate High Yield Fund

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.