Dividend To Observe: Forecasted dividends of $0.07 are lurking just around the corner for Blackrock Corporate High Yield Fund, Inc. (NYSE:HYT) shareholder?

Dividend To Observe: Forecasted dividends of $0.07 are lurking just around the corner for Blackrock Corporate High Yield Fund, Inc. (NYSE:HYT) shareholder?

Blackrock Corporate High Yield Fund, Inc. (NYSE:HYT) is expected to pay $0.07 on Nov 30, 2016. The indicated annual dividend is $0.84. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on Blackrock Corporate High Yield Fund, Inc.’s current price of $10.31, the dividend is 0.68%. This dividend’s record date is Nov 15, 2016 and the announcement date is Nov 2, 2016. The stock decreased 0.58% or $0.06 during the last trading session, hitting $10.31. Blackrock Corporate High Yield Fund Inc (NYSE:HYT) has risen 4.35% since April 7, 2016 and is uptrending. It has underperformed by 0.43% the S&P500.

BlackRock Corporate High Yield Fund Inc is a closed-end management investment company. The company has a market cap of $1.32 billion. The Trust’s primary investment objective is to provide shareholders with current income. It currently has negative earnings. The Trust’s secondary investment objective is to provide shareholders with capital appreciation.

Insitutional Activity: The institutional sentiment decreased to 0.84 in 2016 Q2. Its down 0.56, from 1.4 in 2016Q1. The ratio worsened, as 20 funds sold all Blackrock Corporate High Yield Fund Inc shares owned while 30 reduced positions. 13 funds bought stakes while 29 increased positions. They now own 33.27 million shares or 15.08% less from 39.18 million shares in 2016Q1.
Natl Planning Corporation reported 10,110 shares or 0.01% of all its holdings. The Pennsylvania-based Janney Montgomery Scott Ltd Liability Corp has invested 0% in Blackrock Corporate High Yield Fund Inc (NYSE:HYT). Pnc Fincl Services Incorporated accumulated 0% or 20,903 shares. State Of New Jersey Common Pension Fund D accumulated 0.01% or 261,352 shares. Raymond James, a Florida-based fund reported 21,585 shares. Moreover, Arlington Cap Mngmt has 0.55% invested in Blackrock Corporate High Yield Fund Inc (NYSE:HYT) for 90,601 shares. Reilly Fincl Advsrs Limited last reported 0.06% of its portfolio in the stock. Ladenburg Thalmann Fincl has 0.03% invested in the company for 175,332 shares. Cohen & Steers Incorporated owns 16,358 shares or 0% of their US portfolio. Landscape Capital Mgmt Lc has invested 0.04% of its portfolio in Blackrock Corporate High Yield Fund Inc (NYSE:HYT). Aviance Cap Mngmt Ltd Liability has invested 0.03% of its portfolio in Blackrock Corporate High Yield Fund Inc (NYSE:HYT). Camarda Financial Advsrs Ltd Liability Co last reported 26,595 shares in the company. Da Davidson And holds 0% of its portfolio in Blackrock Corporate High Yield Fund Inc (NYSE:HYT) for 5,810 shares. The Wisconsin-based State Of Wisconsin Invest Board has invested 0% in Blackrock Corporate High Yield Fund Inc (NYSE:HYT). Cetera Advisor Ltd Liability accumulated 0.01% or 16,668 shares.

HYT Company Profile

BlackRock Corporate High Yield Fund VI, Inc. is a diversified closed-end management investment company. The Fund seeks to provide current income by investing primarily in a diversified portfolio of fixed-income securities.

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