BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) Increases Dividend to $0.05 Per Share

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be given a dividend of 0.0512 per share by the investment management company on Monday, December 2nd. This represents a $0.61 annualized dividend and a yield of 5.91%. The ex-dividend date is Friday, November 15th. This is a boost from BlackRock MuniYield New York Quality Fund’s previous monthly dividend of $0.04.

BlackRock MuniYield New York Quality Fund Stock Performance

NYSE MYN traded up $0.05 on Wednesday, reaching $10.40. 45,316 shares of the stock traded hands, compared to its average volume of 78,037. The firm’s fifty day simple moving average is $10.58 and its 200 day simple moving average is $10.47. BlackRock MuniYield New York Quality Fund has a 12 month low of $9.27 and a 12 month high of $10.87.

About BlackRock MuniYield New York Quality Fund

BlackRock MuniYield New York Quality Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in a portfolio of long-term investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes.