BlackRock MuniYield Pennsylvania Quality Fund to Issue Monthly Dividend of $0.07 (NYSE:MPA)

BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be paid a dividend of 0.066 per share by the investment management company on Monday, December 2nd. This represents a $0.79 dividend on an annualized basis and a yield of 6.52%. The ex-dividend date is Friday, November 15th.

BlackRock MuniYield Pennsylvania Quality Fund has decreased its dividend payment by an average of 11.8% per year over the last three years.

BlackRock MuniYield Pennsylvania Quality Fund Stock Performance

NYSE MPA opened at $12.16 on Thursday. BlackRock MuniYield Pennsylvania Quality Fund has a 12-month low of $10.64 and a 12-month high of $12.82. The company has a 50-day simple moving average of $12.33 and a two-hundred day simple moving average of $12.32.

Insiders Place Their Bets

In other news, Portfolio Manager Phillip Soccio sold 2,056 shares of the firm’s stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $12.44, for a total value of $25,576.64. Following the transaction, the portfolio manager now owns 1 shares in the company, valued at approximately $12.44. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.00% of the company’s stock.

About BlackRock MuniYield Pennsylvania Quality Fund

BlackRock MuniYield Pennsylvania Quality Fund 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 long-term investment grade municipal obligations exempt from federal income taxes and Pennsylvania income taxes.