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

BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) announced a monthly dividend on Friday, June 5th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.0779 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 11.5%. The ex-dividend date is Tuesday, September 15th.

BlackRock Corporate High Yield Fund Trading Down 0.3%

NYSE HYT opened at $8.13 on Friday. The stock has a 50 day moving average price of $8.36 and a 200-day moving average price of $8.51. BlackRock Corporate High Yield Fund has a one year low of $8.13 and a one year high of $9.61.

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.