BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) Plans $0.08 Monthly Dividend

BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) declared a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Stockholders of record on Wednesday, May 15th will be given a dividend of 0.0779 per share by the investment management company on Friday, May 31st. This represents a $0.93 annualized dividend and a dividend yield of 9.50%. The ex-dividend date of this dividend is Tuesday, May 14th.

BlackRock Corporate High Yield Fund Price Performance

Shares of BlackRock Corporate High Yield Fund stock opened at $9.84 on Friday. BlackRock Corporate High Yield Fund has a twelve month low of $8.18 and a twelve month high of $9.91. The company’s fifty day moving average is $9.69 and its 200 day moving average is $9.34.

BlackRock Corporate High Yield Fund Company Profile

BlackRock Corporate High Yield Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets across the globe. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in bonds rated Ba or lower by Moody's Investors Service, Inc, or BB or lower by Standard & Poor's Corporation.