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

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) declared a monthly dividend on Friday, February 27th. Shareholders of record on Friday, May 15th will be paid a dividend of 0.0512 per share by the investment management company on Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Friday, May 15th.

BlackRock MuniYield New York Quality Fund Stock Performance

MYN stock traded down $0.02 during midday trading on Wednesday, reaching $10.02. The company had a trading volume of 1,896 shares, compared to its average volume of 145,278. The stock has a 50 day moving average price of $9.89 and a 200 day moving average price of $9.98. BlackRock MuniYield New York Quality Fund has a fifty-two week low of $9.12 and a fifty-two week high of $10.26.

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.