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

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) declared a monthly dividend on Friday, January 2nd. Investors of record on Friday, February 6th will be given a dividend of 0.0512 per share by the investment management company on Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Friday, February 6th.

BlackRock MuniYield New York Quality Fund Stock Performance

NYSE MYN traded up $0.02 during trading on Wednesday, reaching $10.10. The company’s stock had a trading volume of 92,768 shares, compared to its average volume of 72,006. The firm has a 50 day moving average price of $10.01 and a 200 day moving average price of $9.83. BlackRock MuniYield New York Quality Fund has a 12 month low of $9.12 and a 12 month high of $10.30.

BlackRock MuniYield New York Quality Fund Company Profile

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.