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 Thursday, November 2nd, Wall Street Journal reports. Investors of record on Wednesday, November 15th will be given a dividend of 0.07 per share by the investment management company on Thursday, November 30th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 7.51%. The ex-dividend date is Tuesday, November 14th.
Blackrock Corporate High Yield Fund has decreased its dividend payment by an average of 3.2% per year over the last three years.
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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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