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

Key Points

• BlackRock MuniYield New York Quality Fund, Inc. has declared a monthly dividend of $0.05, which will be distributed to stockholders on October 1st.
• The fund's annualized dividend yield is estimated at 6.6%, providing investors with a favorable return on their investment.
• As of now, the fund's share price is trading around $9.36, with a one-year range between $9.12 and $10.87.

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN - Get Free Report) declared a monthly dividend on Tuesday, September 2nd. Shareholders of record on Monday, September 15th will be given a dividend of 0.0512 per share by the investment management company on Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date is Monday, September 15th.

BlackRock MuniYield New York Quality Fund Price Performance

NYSE MYN traded down $0.01 during trading on Tuesday, hitting $9.65. 59,379 shares of the company's stock traded hands, compared to its average volume of 95,827. The business has a 50 day moving average of $9.35 and a 200-day moving average of $9.58. BlackRock MuniYield New York Quality Fund has a 12-month low of $9.12 and a 12-month high of $10.87.

About BlackRock MuniYield New York Quality Fund

BlackRock MuniYield New York Quality Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in a portfolio of long-term investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes.