Blackrock Muniyield Insured Fund Inc. (MYI) to Issue Monthly Dividend of $0.06

Blackrock Muniyield Insured Fund Inc. (NYSE:MYI) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, January 16th will be given a dividend of 0.0585 per share by the investment management company on Thursday, February 1st. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.04%. The ex-dividend date of this dividend is Friday, January 12th.

Blackrock Muniyield Insured Fund has decreased its dividend by an average of 0.7% annually over the last three years.

Blackrock Muniyield Insured Fund (NYSE MYI) traded up $0.13 during trading on Wednesday, hitting $13.92. 144,998 shares of the stock were exchanged, compared to its average volume of 181,150. Blackrock Muniyield Insured Fund has a one year low of $13.43 and a one year high of $14.86.

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Blackrock Muniyield Insured Fund Company Profile

BlackRock MuniYield Quality Fund III, Inc is a closed-end management investment company. 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. The Fund seeks to achieve its investment objective by investing approximately 80% of its assets in municipal obligations exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax).

Dividend History for Blackrock Muniyield Insured Fund (NYSE:MYI)

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