Cash Dividend On The Way From BlackRock MuniYield California Fund, Inc. (MYC)

Tickers in this article: MYC
Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, BlackRock MuniYield California Fund, Inc. MYC will trade ex-dividend, for its monthly dividend of $0.079, payable on 5/1/13. As a percentage of MYC's recent stock price of $16.70, this dividend works out to approximately 0.47%.

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Below is a dividend history chart for MYC, showing historical dividends prior to the most recent $0.079 declared by BlackRock MuniYield California Fund, Inc.:

MYC+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MYC is likely to continue, and whether the current estimated yield of 5.68% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, BlackRock MuniYield California Fund, Inc. shares are currently up about 0.2% on the day.