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

BlackRock Corporate High Yield Fund, Inc. (NYSE:HYTGet Free Report) declared a monthly dividend on Thursday, February 1st, NASDAQ reports. Shareholders of record on Thursday, February 15th will be paid a dividend of 0.0779 per share by the investment management company on Thursday, February 29th. This represents a $0.93 annualized dividend and a yield of 9.70%. The ex-dividend date of this dividend is Wednesday, February 14th.

BlackRock Corporate High Yield Fund Price Performance

BlackRock Corporate High Yield Fund stock remained flat at $9.64 during midday trading on Friday. 524,642 shares of the company’s stock traded hands, compared to its average volume of 554,158. BlackRock Corporate High Yield Fund has a one year low of $8.18 and a one year high of $9.81. The business’s 50 day moving average price is $9.33 and its 200-day moving average price is $8.98.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. HighTower Advisors LLC bought a new stake in shares of BlackRock Corporate High Yield Fund in the 1st quarter valued at about $186,000. Equitable Holdings Inc. bought a new stake in shares of BlackRock Corporate High Yield Fund in the 4th quarter valued at about $172,000. MML Investors Services LLC bought a new stake in shares of BlackRock Corporate High Yield Fund in the 2nd quarter valued at about $142,000. Nomura Holdings Inc. bought a new stake in shares of BlackRock Corporate High Yield Fund in the 1st quarter valued at about $140,000. Finally, Jane Street Group LLC bought a new stake in shares of BlackRock Corporate High Yield Fund in the 4th quarter valued at about $128,000.

BlackRock Corporate High Yield Fund Company Profile

(Get Free Report)

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.

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Dividend History for BlackRock Corporate High Yield Fund (NYSE:HYT)

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