BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) Announces $0.05 Monthly Dividend

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Friday, March 13th will be given a dividend of 0.0512 per share by the investment management company on Wednesday, April 1st. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Friday, March 13th.

BlackRock MuniYield New York Quality Fund Price Performance

Shares of MYN stock traded down $0.02 during trading hours on Wednesday, hitting $10.00. The stock had a trading volume of 39,408 shares, compared to its average volume of 132,075. BlackRock MuniYield New York Quality Fund has a twelve month low of $9.12 and a twelve month high of $10.26. The stock’s 50 day moving average is $10.04 and its 200 day moving average is $9.97.

BlackRock MuniYield New York Quality Fund Company Profile

BlackRock MuniYield New York Quality Fund (NYSE: MYN) is a diversified, closed-end management investment company that seeks to deliver current income exempt from federal and New York State income taxes. The fund primarily invests in a portfolio of municipal securities, with an emphasis on investment-grade obligations issued by entities located within New York State.

The fund’s investment strategy focuses on long-term, tax-exempt income by allocating assets to general obligation bonds, revenue bonds, and other municipal debt instruments rated in the upper tiers of the major credit rating agencies.