BR-MUNIYLD FD I (NYSE:MYD) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, November 15th will be given a dividend of 0.067 per share by the financial services provider on Friday, December 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.61%. The ex-dividend date is Tuesday, November 14th.
BR-MUNIYLD FD I has decreased its dividend payment by an average of 3.8% per year over the last three years.
BR-MUNIYLD FD I (NYSE MYD) traded down $0.06 during trading on Monday, hitting $14.32. 118,500 shares of the stock were exchanged, compared to its average volume of 71,519. BR-MUNIYLD FD I has a twelve month low of $13.61 and a twelve month high of $15.73.
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In other BR-MUNIYLD FD I news, insider Theodore R. Jaeckel, Jr. acquired 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The stock was purchased at an average price of $14.37 per share, for a total transaction of $50,295.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.00% of the company’s stock.
About BR-MUNIYLD FD I
BlackRock MuniYield Fund, Inc is a non-diversified closed-end management investment fund. The Fund’s investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management.
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