Cash Dividend On The Way From BlackRock MuniYield Investment Quality Fund (MFT)

Looking at the universe of stocks we cover at Dividend Channel, on 10/11/13, BlackRock MuniYield Investment Quality Fund (MFT) will trade ex-dividend, for its monthly dividend of $0.071, payable on 11/1/13. As a percentage of MFT's recent stock price of $12.55, this dividend works out to approximately 0.57%, so look for shares of BlackRock MuniYield Investment Quality Fund to trade 0.57% lower — all else being equal — when MFT shares open for trading on 10/11/13.

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Below is a dividend history chart for MFT, showing historical dividends prior to the most recent $0.071 declared by BlackRock MuniYield Investment Quality Fund:

MFT+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 MFT is likely to continue, and whether the current estimated yield of 6.79% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of MFT shares, versus its 200 day moving average:

BlackRock MuniYield Investment Quality Fund 200 Day Moving Average Chart

Looking at the chart above, MFT's low point in its 52 week range is $11.79 per share, with $16.91 as the 52 week high point — that compares with a last trade of $12.55.

In Wednesday trading, BlackRock MuniYield Investment Quality Fund shares are currently down about 0.3% on the day.

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