BR-MUNIYLD FD I (MYD) to Issue $0.07 Monthly Dividend
BR-MUNIYLD FD I (NYSE:MYD) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Stockholders of record on Monday, October 16th will be given a dividend of 0.067 per share by the financial services provider on Wednesday, November 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.35%. The ex-dividend date of this dividend is Friday, October 13th.
BR-MUNIYLD FD I has decreased its dividend payment by an average of 3.8% per year over the last three years.
BR-MUNIYLD FD I (NYSE:MYD) traded down 0.66% on Tuesday, hitting $15.03. 127,746 shares of the stock traded hands. BR-MUNIYLD FD I has a 52-week low of $13.61 and a 52-week high of $15.84. The company’s 50 day moving average price is $15.34 and its 200-day moving average price is $15.03.
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About BR-MUNIYLD FD I
BlackRock MuniYield Fund, Inc is a non-diversified closed-end management investment fund. The Fund’s investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management.
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