BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN – Get Free Report) announced a monthly dividend on Friday, June 5th. Shareholders of record on Wednesday, July 15th will be given a dividend of 0.0512 per share by the investment management company on Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Wednesday, July 15th.
BlackRock MuniYield New York Quality Fund Trading Down 0.1%
Shares of MYN stock traded down $0.01 during mid-day trading on Monday, reaching $10.09. 18,514 shares of the company’s stock traded hands, compared to its average volume of 136,417. BlackRock MuniYield New York Quality Fund has a 12 month low of $9.12 and a 12 month high of $10.26. The firm has a 50 day moving average price of $10.00 and a two-hundred day moving average price of $9.97.
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.
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