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

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 annualized dividend and a dividend 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% annually over the last three years.

BlackRock MuniYield Pennsylvania Quality Fund Stock Performance

MPA stock remained flat at $12.14 during midday trading on Wednesday. 37,148 shares of the company’s stock traded hands, compared to its average volume of 22,632. The business has a 50-day moving average price of $12.34 and a 200-day moving average price of $12.32. BlackRock MuniYield Pennsylvania Quality Fund has a 12-month low of $10.64 and a 12-month high of $12.82.

Insider Transactions at BlackRock MuniYield Pennsylvania Quality Fund

In related news, Portfolio Manager Phillip Soccio sold 2,056 shares of the stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $12.44, for a total transaction of $25,576.64. Following the transaction, the portfolio manager now directly owns 1 shares in the company, valued at approximately $12.44. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed 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.