Blackrock Corporate High Yield Fund Inc (HYT) Announces $0.07 Monthly Dividend
Blackrock Corporate High Yield Fund Inc (NYSE:HYT) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Monday, October 16th will be given a dividend of 0.07 per share by the investment management company on Tuesday, October 31st. This represents a $0.84 dividend on an annualized basis and a yield of 7.43%. The ex-dividend date of this dividend is Friday, October 13th.
Blackrock Corporate High Yield Fund has decreased its dividend by an average of 3.2% annually over the last three years.
Shares of Blackrock Corporate High Yield Fund (HYT) traded up 0.27% on Tuesday, hitting $11.31. The stock had a trading volume of 169,063 shares. The company’s 50 day moving average is $11.13 and its 200 day moving average is $11.09. Blackrock Corporate High Yield Fund has a one year low of $9.86 and a one year high of $11.37.
Blackrock Corporate High Yield Fund Company Profile
BlackRock Corporate High Yield Fund, Inc is a diversified, closed-end management investment company. The Trust’s primary investment objective is to provide shareholders with current income. The Trust’s secondary investment objective is to provide shareholders with capital appreciation. The Trust seeks to achieve its objectives by investing primarily in a diversified portfolio of fixed income securities, which are rated below investment grade or, if unrated, are considered by the investment advisor to be of comparable quality.
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