BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) Plans Monthly Dividend of $0.08

BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) declared a monthly dividend on Friday, January 2nd. Stockholders of record on Friday, February 13th will be paid a dividend of 0.0779 per share by the investment management company on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 10.4%. The ex-dividend date of this dividend is Friday, February 13th.

BlackRock Corporate High Yield Fund Price Performance

NYSE:HYT opened at $8.97 on Wednesday. The business’s fifty day moving average price is $8.99 and its 200 day moving average price is $9.33. BlackRock Corporate High Yield Fund has a 1-year low of $7.84 and a 1-year high of $9.96.

BlackRock Corporate High Yield Fund Company Profile

BlackRock Corporate High Yield Fund (NYSE: HYT) is a diversified, closed-end management investment company designed to offer investors exposure to the credit market’s higher-yielding segment. The fund primarily seeks to generate high current income by investing in below-investment-grade corporate debt securities across a broad range of industries. It may also allocate a portion of its assets to investment-grade bonds and cash equivalents, allowing for flexible portfolio positioning in response to market conditions.

HYT’s investment strategy emphasizes bottom-up credit research, focusing on issuers with strong cash flow potential and sound balance sheets relative to their high-yield peers.