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

BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) announced a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Shareholders of record on Monday, December 16th will be paid a dividend of 0.0779 per share by the investment management company on Monday, December 23rd. This represents a $0.93 annualized dividend and a yield of 9.39%. The ex-dividend date is Monday, December 16th.

BlackRock Corporate High Yield Fund Price Performance

Shares of NYSE HYT traded down $0.02 during mid-day trading on Friday, hitting $9.96. The company had a trading volume of 544,972 shares, compared to its average volume of 439,485. The firm has a 50-day simple moving average of $9.91 and a two-hundred day simple moving average of $9.85. BlackRock Corporate High Yield Fund has a one year low of $9.13 and a one year high of $10.16.

About BlackRock Corporate High Yield Fund

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.