BlackRock MuniYield Fund, Inc. (NYSE:MYD) Announces $0.05 Monthly Dividend

BlackRock MuniYield Fund, Inc. (NYSE:MYD) declared a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Shareholders of record on Wednesday, May 15th will be given a dividend of 0.0525 per share by the financial services provider on Monday, June 3rd. This represents a $0.63 annualized dividend and a yield of 5.89%. The ex-dividend date of this dividend is Tuesday, May 14th.

BlackRock MuniYield Fund Stock Performance

Shares of BlackRock MuniYield Fund stock traded up $0.11 on Friday, reaching $10.69. 145,981 shares of the stock were exchanged, compared to its average volume of 206,370. The firm’s 50 day moving average is $10.91 and its 200-day moving average is $10.51. BlackRock MuniYield Fund has a one year low of $8.76 and a one year high of $11.30.

BlackRock MuniYield Fund Company Profile

BlackRock MuniYield Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily in long-term investment-grade municipal bonds with a maturity of more than ten years. It is exempt from federal income taxes.