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

BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.0779 per share by the investment management company on Friday, January 31st. This represents a $0.93 dividend on an annualized basis and a dividend yield of 9.54%. The ex-dividend date is Wednesday, January 15th.

BlackRock Corporate High Yield Fund Stock Performance

NYSE:HYT traded down $0.10 during trading hours on Friday, hitting $9.80. The company’s stock had a trading volume of 859,152 shares, compared to its average volume of 1,058,776. The stock has a fifty day moving average of $9.87 and a 200-day moving average of $9.86. BlackRock Corporate High Yield Fund has a 52-week low of $9.21 and a 52-week high of $10.16.

BlackRock Corporate High Yield Fund Company Profile

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.