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

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) announced a monthly dividend on Friday, December 12th. Stockholders of record on Monday, December 22nd will be paid a dividend of 0.0512 per share by the investment management company on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend is Monday, December 22nd.

BlackRock MuniYield New York Quality Fund Stock Performance

Shares of BlackRock MuniYield New York Quality Fund stock traded down $0.01 during midday trading on Friday, hitting $9.94. The company had a trading volume of 202,720 shares, compared to its average volume of 114,828. The company has a fifty day simple moving average of $10.06 and a 200 day simple moving average of $9.71. BlackRock MuniYield New York Quality Fund has a 12-month low of $9.12 and a 12-month high of $10.33.

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.