News coverage about Blackrock Corporate High Yield Fund (NYSE:HYT) has been trending somewhat positive on Sunday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Blackrock Corporate High Yield Fund earned a coverage optimism score of 0.24 on Accern’s scale. Accern also assigned media stories about the investment management company an impact score of 46.9631914927482 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Blackrock Corporate High Yield Fund (HYT) traded down 0.09% during midday trading on Friday, reaching $11.10. The company’s stock had a trading volume of 259,752 shares. Blackrock Corporate High Yield Fund has a one year low of $9.86 and a one year high of $11.37. The firm has a 50 day moving average price of $11.14 and a 200 day moving average price of $11.07.
The company also recently declared a monthly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be issued a dividend of $0.07 per share. This represents a $0.84 annualized dividend and a yield of 7.57%. The ex-dividend date is Thursday, September 14th.
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About Blackrock Corporate High Yield Fund
BlackRock Corporate High Yield Fund, Inc is a diversified, closed-end management investment company. The Trust’s primary investment objective is to provide shareholders with current income. The Trust’s secondary investment objective is to provide shareholders with capital appreciation. The Trust seeks to achieve its objectives by investing primarily in a diversified portfolio of fixed income securities, which are rated below investment grade or, if unrated, are considered by the investment advisor to be of comparable quality.
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