Blackrock Coporate High Yield Fund (NYSE:HYT) declared a monthly dividend on Monday, June 3rd, NASDAQ reports. Investors of record on Friday, June 14th will be paid a dividend of 0.072 per share by the investment management company on Friday, June 28th. This represents a $0.86 annualized dividend and a yield of 8.21%. The ex-dividend date is Thursday, June 13th. This is an increase from Blackrock Coporate High Yield Fund’s previous monthly dividend of $0.07.
Blackrock Coporate High Yield Fund has increased its dividend by an average of 2.9% per year over the last three years.
NYSE HYT traded up $0.01 on Wednesday, hitting $10.52. 106 shares of the company’s stock were exchanged, compared to its average volume of 462,385. Blackrock Coporate High Yield Fund has a fifty-two week low of $8.95 and a fifty-two week high of $10.73.
About Blackrock Coporate High Yield Fund
BlackRock Corporate High Yield Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets across the globe. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in bonds rated Ba or lower by Moody's Investors Service, Inc, or BB or lower by Standard & Poor's Corporation.
Read More: Leveraged Buyout (LBO) Explained
Receive News & Ratings for Blackrock Coporate High Yield Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Coporate High Yield Fund and related companies with MarketBeat.com's FREE daily email newsletter.