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

BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Stockholders of record on Thursday, August 15th will be given a dividend of 0.0779 per share by the investment management company on Friday, August 30th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 9.49%. The ex-dividend date of this dividend is Thursday, August 15th.

BlackRock Corporate High Yield Fund Price Performance

HYT opened at $9.85 on Tuesday. BlackRock Corporate High Yield Fund has a fifty-two week low of $8.18 and a fifty-two week high of $9.96. The company’s 50 day moving average price is $9.74 and its two-hundred day moving average price is $9.70.

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.