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

Posted by Tech Dows on Apr 5th, 2025

BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA – Get Free Report) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.066 per share by the investment management company on Thursday, May 1st. This represents a $0.79 dividend on an annualized basis and a yield of 7.15%. The ex-dividend date of this dividend is Tuesday, April 15th.

BlackRock MuniYield Pennsylvania Quality Fund has increased its dividend by an average of 2.9% annually over the last three years.

BlackRock MuniYield Pennsylvania Quality Fund Stock Performance

Shares of MPA stock opened at $11.08 on Friday. BlackRock MuniYield Pennsylvania Quality Fund has a 12-month low of $11.06 and a 12-month high of $12.82. The firm has a 50 day moving average price of $11.53 and a two-hundred day moving average price of $11.91.

Insider Buying and Selling

In related news, major shareholder Saba Capital Management, L.P. sold 3,268 shares of the company’s stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $11.84, for a total value of $38,693.12. Following the transaction, the insider now directly owns 2,202,857 shares in the company, valued at approximately $26,081,826.88. This represents a 0.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In the last ninety days, insiders sold 124,289 shares of company stock valued at $1,455,785. Insiders own 1.00% of the company’s stock.

About BlackRock MuniYield Pennsylvania Quality Fund

(Get Free Report)

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.