Blackrock Corporate High Yield Fund Inc (NYSE:HYT) Declares Monthly Dividend of $0.07

Blackrock Corporate High Yield Fund Inc (NYSE:HYT) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Investors of record on Monday, October 16th will be given a dividend of 0.07 per share by the investment management company on Tuesday, October 31st. This represents a $0.84 annualized dividend and a yield of 7.39%. The ex-dividend date is Friday, October 13th.

Blackrock Corporate High Yield Fund has decreased its dividend by an average of 3.2% annually over the last three years.

Blackrock Corporate High Yield Fund (HYT) opened at 11.37 on Tuesday. Blackrock Corporate High Yield Fund has a 52-week low of $9.86 and a 52-week high of $11.47. The firm’s 50-day moving average price is $11.22 and its 200 day moving average price is $11.13.

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About Blackrock Corporate High Yield Fund

BlackRock Corporate High Yield Fund, Inc is a diversified, closed-end management investment company. The Trust’s primary investment objective is to provide shareholders with current income. The Trust’s secondary investment objective is to provide shareholders with capital appreciation. The Trust seeks to achieve its objectives by investing primarily in a diversified portfolio of fixed income securities, which are rated below investment grade or, if unrated, are considered by the investment advisor to be of comparable quality.

Dividend History for Blackrock Corporate High Yield Fund (NYSE:HYT)

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