Blackrock Muniyield Fund Inc. (NYSE:MYD) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Tuesday, January 16th will be paid a dividend of 0.067 per share by the financial services provider on Thursday, February 1st. This represents a $0.80 annualized dividend and a yield of 5.80%. The ex-dividend date of this dividend is Friday, January 12th.

Blackrock Muniyield Fund has decreased its dividend payment by an average of 10.0% per year over the last three years.

Blackrock Muniyield Fund (NYSE MYD) traded down $0.29 during trading on Monday, reaching $13.87. The company’s stock had a trading volume of 346,010 shares, compared to its average volume of 116,579. Blackrock Muniyield Fund has a one year low of $13.85 and a one year high of $15.73.

In related news, insider Theodore R. Jaeckel, Jr. bought 3,500 shares of the stock in a transaction on Tuesday, November 7th. The stock was bought at an average price of $14.37 per share, for a total transaction of $50,295.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.00% of the stock is owned by corporate insiders.

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About Blackrock Muniyield Fund

BlackRock MuniYield Fund, Inc is a non-diversified closed-end management investment fund. The Fund’s investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management.

Dividend History for Blackrock Muniyield Fund (NYSE:MYD)

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