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

BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.0779 per share by the investment management company on Friday, February 28th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 9.41%. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock Corporate High Yield Fund Stock Performance

HYT traded up $0.06 on Tuesday, reaching $9.94. 418,453 shares of the company traded hands, compared to its average volume of 614,934. The stock’s 50 day moving average price is $9.84 and its 200-day moving average price is $9.87. 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.