BlackRock MuniYield New York Quality Fund, Inc. (MYN) to Issue Monthly Dividend of $0.04 on March 1st

BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYNGet Free Report) declared a monthly dividend on Friday, November 17th, Wall Street Journal reports. Investors of record on Thursday, February 15th will be paid a dividend of 0.0442 per share by the investment management company on Friday, March 1st. This represents a $0.53 annualized dividend and a yield of 5.18%. The ex-dividend date is Wednesday, February 14th.

BlackRock MuniYield New York Quality Fund Stock Down 0.4 %

Shares of MYN stock opened at $10.24 on Monday. The stock has a fifty day moving average price of $10.24 and a 200 day moving average price of $9.64. BlackRock MuniYield New York Quality Fund has a 1 year low of $8.47 and a 1 year high of $10.46.

Hedge Funds Weigh In On BlackRock MuniYield New York Quality Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Logan Stone Capital LLC increased its position in BlackRock MuniYield New York Quality Fund by 156.4% during the fourth quarter. Logan Stone Capital LLC now owns 470,365 shares of the investment management company’s stock worth $4,610,000 after buying an additional 286,905 shares in the last quarter. Atria Wealth Solutions Inc. purchased a new position in BlackRock MuniYield New York Quality Fund during the first quarter worth $610,000. Guggenheim Capital LLC increased its position in BlackRock MuniYield New York Quality Fund by 9.5% during the first quarter. Guggenheim Capital LLC now owns 443,825 shares of the investment management company’s stock worth $5,370,000 after buying an additional 38,503 shares in the last quarter. Charles Schwab Investment Management Inc. purchased a new position in BlackRock MuniYield New York Quality Fund during the first quarter worth $332,000. Finally, Citadel Advisors LLC purchased a new position in BlackRock MuniYield New York Quality Fund during the third quarter worth $277,000. 24.34% of the stock is owned by institutional investors and hedge funds.

About BlackRock MuniYield New York Quality Fund

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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.

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Dividend History for BlackRock MuniYield New York Quality Fund (NYSE:MYN)

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