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

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

BlackRock Corporate High Yield Fund Stock Performance

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

About BlackRock Corporate High Yield Fund

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.