MYD Ex-Dividend Reminder - 4/11/13

Tickers in this article: MYD XMPT
Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, BlackRock MuniYield Fund, Inc. MYD will trade ex-dividend, for its monthly dividend of $0.0835, payable on 5/1/13. As a percentage of MYD's recent stock price of $16.08, this dividend works out to approximately 0.52%, so look for shares of BlackRock MuniYield Fund, Inc. to trade 0.52% lower — all else being equal — when MYD shares open for trading on 4/11/13.

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Below is a dividend history chart for MYD, showing historical dividends prior to the most recent $0.0835 declared by BlackRock MuniYield Fund, Inc.:

MYD+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 MYD is likely to continue, and whether the current estimated yield of 6.23% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, MYD makes up 1.36% of the CEF Municipal Income ETF XMPT which is trading relatively unchanged on the day Tuesday.

In Tuesday trading, BlackRock MuniYield Fund, Inc. shares are currently down about 0.1% on the day.