Looking at the universe of stocks we cover at Dividend Channel, on 8/13/13, BlackRock Corporate High Yield Fund (COY) will trade ex-dividend, for its monthly dividend of $0.0495, payable on 8/30/13. As a percentage of COY's recent stock price of $7.09, this dividend works out to approximately 0.70%, so look for shares of BlackRock Corporate High Yield Fund to trade 0.70% lower — all else being equal — when COY shares open for trading on 8/13/13.

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Below is a dividend history chart for COY, showing historical dividends prior to the most recent $0.0495 declared by BlackRock Corporate High Yield Fund:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from COY is likely to continue, and whether the current estimated yield of 8.38% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of COY shares, versus its 200 day moving average:

BlackRock Corporate High Yield Fund 200 Day Moving Average Chart

Looking at the chart above, COY's low point in its 52 week range is $6.60 per share, with $8.39 as the 52 week high point — that compares with a last trade of $7.08.

In Friday trading, BlackRock Corporate High Yield Fund shares are currently off about 0.4% on the day.