BlackRock MuniYield Investment Fund to Issue Monthly Dividend of $0.07 (MYF)
BlackRock MuniYield Investment Fund (NYSE:MYF) 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 0.0695 per share by the financial services provider on Thursday, February 1st. This represents a $0.83 dividend on an annualized basis and a dividend yield of 5.61%. The ex-dividend date of this dividend is Friday, January 12th.
BlackRock MuniYield Investment Fund has decreased its dividend by an average of 6.6% per year over the last three years.
BlackRock MuniYield Investment Fund (NYSE:MYF) traded up $0.06 during midday trading on Wednesday, hitting $14.86. 60,093 shares of the stock were exchanged, compared to its average volume of 49,550. BlackRock MuniYield Investment Fund has a one year low of $14.69 and a one year high of $17.88.
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BlackRock MuniYield Investment Fund (the Fund) is a non-diversified, 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.
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