BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) Plans $0.07 Monthly Dividend

BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) announced a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Shareholders of record on Monday, December 16th will be paid a dividend of 0.066 per share by the investment management company on Tuesday, December 31st. This represents a $0.79 annualized dividend and a dividend yield of 6.50%. The ex-dividend date of this dividend is Monday, December 16th.

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

BlackRock MuniYield Pennsylvania Quality Fund Stock Down 0.7 %

Shares of NYSE:MPA traded down $0.09 during midday trading on Friday, hitting $12.19. The company had a trading volume of 11,611 shares, compared to its average volume of 21,974. BlackRock MuniYield Pennsylvania Quality Fund has a 12 month low of $11.40 and a 12 month high of $12.82. The firm has a fifty day simple moving average of $12.23 and a 200 day simple moving average of $12.35.

Insiders Place Their Bets

In other BlackRock MuniYield Pennsylvania Quality Fund news, Portfolio Manager Phillip Soccio sold 2,056 shares of the stock in a transaction on Friday, October 4th. The shares were sold at an average price of $12.44, for a total value of $25,576.64. Following the sale, the portfolio manager now directly owns 1 shares in the company, valued at approximately $12.44. This trade represents a 99.95 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.00% of the company’s stock.

BlackRock MuniYield Pennsylvania Quality Fund Company Profile

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.