BlackRock MuniYield Pennsylvania Quality Fund (MPA) to Issue Monthly Dividend of $0.07 on November 1st

BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) announced a monthly dividend on Thursday, September 12th, NASDAQ reports. Stockholders of record on Tuesday, October 15th will be given a dividend of 0.066 per share by the investment management company on Friday, November 1st. This represents a $0.79 annualized dividend and a dividend yield of 6.36%. The ex-dividend date is Tuesday, October 15th.

BlackRock MuniYield Pennsylvania Quality Fund has decreased its dividend payment by an average of 11.8% per year over the last three years.

BlackRock MuniYield Pennsylvania Quality Fund Stock Performance

NYSE MPA traded up $0.02 during mid-day trading on Friday, hitting $12.45. The stock had a trading volume of 37,583 shares, compared to its average volume of 22,860. BlackRock MuniYield Pennsylvania Quality Fund has a 52-week low of $9.87 and a 52-week high of $12.82. The company has a 50 day simple moving average of $12.42 and a 200 day simple moving average of $12.31.

Insider Activity at BlackRock MuniYield Pennsylvania Quality Fund

In related news, Portfolio Manager Phillip Soccio sold 2,056 shares of the firm’s stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $12.44, for a total value of $25,576.64. Following the completion of the transaction, the portfolio manager now directly owns 1 shares of the company’s stock, valued at $12.44. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.00% of the stock is currently owned by company insiders.

About BlackRock MuniYield Pennsylvania Quality Fund

BlackRock MuniYield Pennsylvania Quality Fund is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in long-term investment grade municipal obligations exempt from federal income taxes and Pennsylvania income taxes.