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

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) announced a monthly dividend on Thursday, September 10th. Investors of record on Friday, December 11th will be paid a dividend of 0.0512 per share by the investment management company on Tuesday, December 22nd. This represents a c) annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend is Friday, December 11th.

BlackRock MuniYield New York Quality Fund Trading Down 2.2%

NYSE MYN opened at $9.16 on Friday. BlackRock MuniYield New York Quality Fund has a one year low of $9.12 and a one year high of $10.26. The stock has a 50-day moving average of $9.80 and a 200 day moving average of $9.89.

Institutional Trading of BlackRock MuniYield New York Quality Fund

Hedge funds have recently bought and sold shares of the stock. Elyxium Wealth LLC bought a new position in shares of BlackRock MuniYield New York Quality Fund in the fourth quarter worth approximately $42,000. Western Wealth Management LLC bought a new stake in BlackRock MuniYield New York Quality Fund in the first quarter worth $89,000. Meeder Advisory Services Inc. purchased a new stake in BlackRock MuniYield New York Quality Fund during the first quarter valued at approximately $122,000. Readystate Asset Management LP bought a new stake in shares of BlackRock MuniYield New York Quality Fund in the 4th quarter worth about $122,000. Finally, HRT Financial LP bought a new stake in shares of BlackRock MuniYield New York Quality Fund during the 4th quarter worth approximately $136,000. Institutional investors own 29.32% of the company’s stock.

About BlackRock MuniYield New York Quality Fund

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.