BlackRock MuniYield Fund, Inc. (MYD) To Go Ex-Dividend on February 6th

BlackRock MuniYield Fund, Inc. (NYSE:MYD) announced a monthly dividend on Friday, January 2nd. Stockholders of record on Friday, February 6th will be given a dividend of 0.0545 per share by the financial services provider on Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Friday, February 6th.

BlackRock MuniYield Fund Price Performance

NYSE:MYD traded down $0.04 during trading hours on Wednesday, hitting $10.67. 187,896 shares of the company traded hands, compared to its average volume of 146,142. BlackRock MuniYield Fund has a twelve month low of $9.65 and a twelve month high of $10.92. The firm has a 50-day moving average of $10.48 and a 200 day moving average of $10.39.

BlackRock MuniYield Fund Company Profile

BlackRock MuniYield Fund (NYSE: MYD) is a closed-end management investment company that seeks to provide shareholders with current income exempt from regular federal income tax. The fund primarily invests in U.S. municipal fixed-income securities, including investment-grade and certain lower-rated bonds that the portfolio managers believe offer attractive yield opportunities. Through its diversified municipal bond portfolio, MYD aims to deliver tax-advantaged income while managing credit and interest rate risk.

MYD’s investment strategy focuses on geographic and sector diversification across states and local governmental entities, covering a range of project types such as education, transportation, healthcare and general obligation bonds.