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

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) announced a monthly dividend on Thursday, September 10th. Shareholders of record on Thursday, October 15th will be paid a dividend of 0.0512 per share by the investment management company on Monday, November 2nd. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date is Thursday, October 15th.

BlackRock MuniYield New York Quality Fund Price Performance

MYN opened at $9.16 on Friday. The business has a 50 day simple moving average of $9.80 and a 200-day simple moving average of $9.89. 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.