BlackRock MuniYield Fund, Inc. (NYSE:MYD) Announces Monthly Dividend of $0.05

BlackRock MuniYield Fund, Inc. (NYSE:MYDGet Free Report) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.0545 per share by the financial services provider on Monday, December 2nd. This represents a $0.65 dividend on an annualized basis and a yield of 5.78%. The ex-dividend date is Friday, November 15th.

BlackRock MuniYield Fund has decreased its dividend payment by an average of 11.7% per year over the last three years.

BlackRock MuniYield Fund Price Performance

NYSE MYD traded up $0.08 during trading on Wednesday, reaching $11.31. 17,997 shares of the company’s stock were exchanged, compared to its average volume of 166,341. The business has a 50 day moving average price of $11.37 and a 200-day moving average price of $11.04. BlackRock MuniYield Fund has a fifty-two week low of $9.63 and a fifty-two week high of $11.74.

About BlackRock MuniYield Fund

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BlackRock MuniYield Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily in long-term investment-grade municipal bonds with a maturity of more than ten years. It is exempt from federal income taxes.

Further Reading

Dividend History for BlackRock MuniYield Fund (NYSE:MYD)

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