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

BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders 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 of this dividend is Friday, November 15th.

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 Stock Performance

Shares of MPA stock remained flat at $12.14 during trading on Wednesday. 30,202 shares of the company were exchanged, compared to its average volume of 22,573. BlackRock MuniYield Pennsylvania Quality Fund has a 52-week low of $10.64 and a 52-week high of $12.82. The company has a fifty day simple moving average of $12.34 and a 200-day simple moving average of $12.32.

Insiders Place Their Bets

In other news, Portfolio Manager Phillip Soccio sold 2,056 shares of the stock in a transaction on Friday, October 4th. The stock was sold at an average price of $12.44, for a total value of $25,576.64. Following the sale, the portfolio manager now directly owns 1 shares in the company, valued at approximately $12.44. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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.