BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) to Issue Monthly Dividend of $0.05

BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) announced a monthly dividend on Friday, February 27th. Investors of record on Friday, May 15th will be paid a dividend of 0.0477 per share by the investment management company on Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend is Friday, May 15th.

BlackRock MuniYield Pennsylvania Quality Fund Price Performance

Shares of MPA opened at $11.43 on Wednesday. BlackRock MuniYield Pennsylvania Quality Fund has a 1-year low of $10.50 and a 1-year high of $11.65. The firm has a fifty day moving average price of $11.24 and a 200 day moving average price of $11.30.

BlackRock MuniYield Pennsylvania Quality Fund Company Profile

BlackRock MuniYield Pennsylvania Quality Fund (NYSE: MPA) is a non-diversified, closed-end management investment company whose primary objective is to provide shareholders with current income exempt from regular U.S. federal and Pennsylvania personal income taxes, and to a lesser extent, capital appreciation. The fund pursues its objective by investing in municipal securities that are issued by or for the benefit of the Commonwealth of Pennsylvania and its political subdivisions.

In managing its portfolio, the fund typically allocates at least 80% of its assets to investment-grade municipal bonds issued within Pennsylvania.