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

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) announced a monthly dividend on Friday, February 27th. Shareholders of record on Monday, June 15th will be paid a dividend of 0.0512 per share by the investment management company on Wednesday, July 1st. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock MuniYield New York Quality Fund Trading Down 0.1%

BlackRock MuniYield New York Quality Fund stock traded down $0.01 during mid-day trading on Friday, hitting $10.04. 103,898 shares of the company traded hands, compared to its average volume of 115,267. BlackRock MuniYield New York Quality Fund has a one year low of $9.12 and a one year high of $10.26. The stock has a fifty day moving average price of $9.91 and a 200-day moving average price of $9.96.

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.