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) declared a monthly dividend on Thursday, September 10th. Investors of record on Friday, December 11th will be paid a dividend of 0.0512 per share by the investment management company on Tuesday, December 22nd. This represents a c) annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend is Friday, December 11th.

BlackRock MuniYield New York Quality Fund Price Performance

NYSE:MYN opened at $9.16 on Friday. The company’s 50 day moving average is $9.80 and its two-hundred day moving average is $9.89. BlackRock MuniYield New York Quality Fund has a twelve month low of $9.12 and a twelve month high of $10.26.

About BlackRock MuniYield New York Quality Fund

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.