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

BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) announced a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Investors of record on Monday, December 16th will be given a dividend of 0.066 per share by the investment management company on Tuesday, December 31st. This represents a $0.79 dividend on an annualized basis and a yield of 6.50%. The ex-dividend date of this dividend is Monday, December 16th.

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 Price Performance

Shares of MPA stock traded down $0.09 during trading hours on Friday, hitting $12.19. 11,611 shares of the company’s stock were exchanged, compared to its average volume of 21,974. The stock’s 50-day moving average is $12.23 and its 200-day moving average is $12.35. BlackRock MuniYield Pennsylvania Quality Fund has a 52 week low of $11.40 and a 52 week high of $12.82.

Insider Activity at BlackRock MuniYield Pennsylvania Quality Fund

In other BlackRock MuniYield Pennsylvania Quality Fund news, Portfolio Manager Phillip Soccio sold 2,056 shares of BlackRock MuniYield Pennsylvania Quality Fund stock in a transaction on Friday, October 4th. The shares were sold at an average price of $12.44, for a total transaction of $25,576.64. Following the completion of the sale, the portfolio manager now owns 1 shares of the company’s stock, valued at approximately $12.44. The trade was a 99.95 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.00% of the stock is currently owned by company insiders.

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.