BlackRock MuniYield Pennsylvania Quality Fund Declares Monthly Dividend of $0.05 (NYSE:MPA)

by · The Markets Daily

BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPAGet Free Report) announced a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, December 11th will be paid a dividend of 0.0477 per share by the investment management company on Tuesday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend is Friday, December 11th.

BlackRock MuniYield Pennsylvania Quality Fund Price Performance

Shares of MPA stock opened at $10.41 on Friday. BlackRock MuniYield Pennsylvania Quality Fund has a fifty-two week low of $10.38 and a fifty-two week high of $11.87. The stock’s 50-day simple moving average is $11.06 and its 200-day simple moving average is $11.20.

About BlackRock MuniYield Pennsylvania Quality Fund

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BlackRock MuniYield Pennsylvania Quality Fund (NYSE: MPA) is a non-diversified, closed-end management investment company whose primary objective is to provide shareholders with current income exempt from regular U.S. federal and Pennsylvania personal income taxes, and to a lesser extent, capital appreciation. The fund pursues its objective by investing in municipal securities that are issued by or for the benefit of the Commonwealth of Pennsylvania and its political subdivisions.

In managing its portfolio, the fund typically allocates at least 80% of its assets to investment-grade municipal bonds issued within Pennsylvania.

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