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

Posted by Nicole Kennedy on Dec 14th, 2024

BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA – Get Free Report) declared a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Stockholders of record on Monday, December 16th will be given a dividend of 0.066 per share by the investment management company on Tuesday, December 31st. This represents a $0.79 annualized dividend and a dividend yield of 6.50%. The ex-dividend date is Monday, December 16th.

BlackRock MuniYield Pennsylvania Quality Fund has decreased its dividend by an average of 11.8% per year over the last three years.

BlackRock MuniYield Pennsylvania Quality Fund Trading Down 0.7 %

NYSE:MPA traded down $0.09 during trading hours on Friday, reaching $12.19. 11,611 shares of the stock were exchanged, compared to its average volume of 21,974. BlackRock MuniYield Pennsylvania Quality Fund has a twelve month low of $11.40 and a twelve month high of $12.82. The firm has a 50 day moving average of $12.23 and a 200 day moving average of $12.35.

Insiders Place Their Bets

In other news, Portfolio Manager Phillip Soccio sold 2,056 shares of the stock in a transaction that occurred on 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 owns 1 shares in the company, valued at approximately $12.44. This trade represents a 99.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.00% of the company’s stock.

BlackRock MuniYield Pennsylvania Quality Fund Company Profile

(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.