BlackRock Corporate High Yield Fund (HYT) Earning Favorable News Coverage, Report Finds
Press coverage about BlackRock Corporate High Yield Fund (NYSE:HYT) has been trending positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. BlackRock Corporate High Yield Fund earned a coverage optimism score of 0.28 on Accern’s scale. Accern also gave news stories about the investment management company an impact score of 46.2730517771948 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of BlackRock Corporate High Yield Fund (NYSE:HYT) opened at $10.94 on Tuesday. BlackRock Corporate High Yield Fund has a 52 week low of $10.60 and a 52 week high of $11.47.
The firm also recently announced a monthly dividend, which will be paid on Tuesday, January 9th. Stockholders of record on Friday, December 29th will be paid a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 7.68%. The ex-dividend date of this dividend is Thursday, December 28th.
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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