BlackRock MuniYield New York Insured Fnd (NYSE:MYN) announced a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, January 16th will be paid a dividend of 0.0475 per share by the investment management company on Thursday, February 1st. This represents a $0.57 annualized dividend and a yield of 4.42%. The ex-dividend date is Friday, January 12th.
BlackRock MuniYield New York Insured Fnd has decreased its dividend payment by an average of 6.8% per year over the last three years.
Shares of BlackRock MuniYield New York Insured Fnd (NYSE:MYN) traded down $0.01 during trading on Wednesday, reaching $12.89. 94,019 shares of the company’s stock traded hands, compared to its average volume of 73,550. BlackRock MuniYield New York Insured Fnd has a 12-month low of $12.57 and a 12-month high of $13.43.
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BlackRock MuniYield New York Quality Fund, 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 and New York State and New York City personal income taxes as is consistent with its investment policies and prudent investment management.
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