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

BlackRock MuniYield New York Quality Fund logo with Finance background
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Key Points

  • BlackRock MuniYield New York Quality Fund declared a monthly dividend of $0.0512 per share, payable on May 1 to shareholders of record on April 15 (ex-dividend date April 15), implying an annualized yield of about 6.2%.
  • The closed-end fund seeks tax-exempt income by investing primarily in investment‑grade municipal securities issued in New York State, including general obligation and revenue bonds.
  • MarketBeat previews the top five stocks to own by June 1st.

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN - Get Free Report) declared a monthly dividend on Friday, February 27th. Stockholders of record on Wednesday, April 15th will be given a dividend of 0.0512 per share by the investment management company on Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend is Wednesday, April 15th.

BlackRock MuniYield New York Quality Fund Price Performance

NYSE MYN opened at $9.91 on Monday. The firm has a 50 day simple moving average of $9.94 and a 200-day simple moving average of $10.00. BlackRock MuniYield New York Quality Fund has a one year low of $9.12 and a one year high of $10.26.

About BlackRock MuniYield New York Quality Fund

(Get Free Report)

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.

Further Reading

Dividend History for BlackRock MuniYield New York Quality Fund (NYSE:MYN)

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