BlackRock MuniYield New York Quality Fund, Inc. Plans Monthly Dividend of $0.05 (NYSE:MYN)

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) announced a monthly dividend on Friday, June 5th. Investors of record on Wednesday, July 15th will be paid a dividend of 0.0512 per share by the investment management company on Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date is Wednesday, July 15th.

BlackRock MuniYield New York Quality Fund Stock Down 0.3%

MYN opened at $10.07 on Monday. The firm’s fifty day moving average price is $10.00 and its 200 day moving average price is $9.97. BlackRock MuniYield New York Quality Fund has a 12-month low of $9.12 and a 12-month high of $10.26.

BlackRock MuniYield New York Quality Fund Company Profile

BlackRock MuniYield New York Quality Fund (NYSE: MYN) is a diversified, closed-end management investment company that seeks to deliver current income exempt from federal and New York State income taxes. The fund primarily invests in a portfolio of municipal securities, with an emphasis on investment-grade obligations issued by entities located within New York State.

The fund’s investment strategy focuses on long-term, tax-exempt income by allocating assets to general obligation bonds, revenue bonds, and other municipal debt instruments rated in the upper tiers of the major credit rating agencies.