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

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) announced a monthly dividend on Friday, June 5th. Stockholders of record on Friday, August 14th will be given a dividend of 0.0512 per share by the investment management company on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Friday, August 14th.

BlackRock MuniYield New York Quality Fund Trading Up 0.1%

Shares of BlackRock MuniYield New York Quality Fund stock opened at $9.82 on Wednesday. BlackRock MuniYield New York Quality Fund has a 1 year low of $9.15 and a 1 year high of $10.26. The company has a 50-day moving average of $9.98 and a 200 day moving average of $9.95.

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.