Blackrock Muniyield NY Quality FD, (Blackrock Muniyield NY Quality FD,) Dividend Payout Ratio : 0.63 (As of Jan. 2024)

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What is Blackrock Muniyield NY Quality FD, Dividend Payout Ratio?

Blackrock Muniyield NY Quality FD,'s dividend payout ratio for the months ended in Jan. 2024 was 0.63.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Blackrock Muniyield NY Quality FD, Inc is 1.23, which seems too high.

The historical rank and industry rank for Blackrock Muniyield NY Quality FD,'s Dividend Payout Ratio or its related term are showing as below:

MYN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.44 Med: 0.77 Max: 7.25
Current: 1.23

During the past 7 years, the highest Dividend Payout Ratio of Blackrock Muniyield NY Quality FD, was 7.25. The lowest was 0.44. And the median was 0.77.

MYN's Dividend Payout Ratio is ranked worse than
72.39% of 938 companies
in the Asset Management industry
Industry Median: 0.82 vs MYN: 1.23

As of today (2024-04-27), the Dividend Yield % of Blackrock Muniyield NY Quality FD, is 4.39%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Blackrock Muniyield NY Quality FD, was 6.51%. The lowest was 3.59%. And the median was 4.60%.

Blackrock Muniyield NY Quality FD,'s Dividends per Share for the months ended in Jan. 2024 was $0.23.

During the past 12 months, Blackrock Muniyield NY Quality FD,'s average Dividends Per Share Growth Rate was -15.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -8.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -3.40% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Blackrock Muniyield NY Quality FD, was 4.70% per year. The lowest was -8.00% per year. And the median was -2.55% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Blackrock Muniyield NY Quality FD, Dividend Payout Ratio Historical Data

The historical data trend for Blackrock Muniyield NY Quality FD,'s Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Blackrock Muniyield NY Quality FD, Dividend Payout Ratio Chart

Blackrock Muniyield NY Quality FD, Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Dividend Payout Ratio

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0.44

0.79

0.75

Blackrock Muniyield NY Quality FD, Semi-Annual Data
	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Dividend Payout Ratio	Get a 7-Day Free Trial									-	-	-	-	0.63

Competitive Comparison of Blackrock Muniyield NY Quality FD,'s Dividend Payout Ratio

For the Asset Management subindustry, Blackrock Muniyield NY Quality FD,'s Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Blackrock Muniyield NY Quality FD,'s Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Muniyield NY Quality FD,'s Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Blackrock Muniyield NY Quality FD,'s Dividend Payout Ratio falls into.

Blackrock Muniyield NY Quality FD, Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Blackrock Muniyield NY Quality FD,'s Dividend Payout Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jul. 2023 )	/	EPS without NRI (A: Jul. 2023 )
	=	0.407	/	0
	=	N/A

Blackrock Muniyield NY Quality FD,'s Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jan. 2024 )	/	EPS without NRI (Q: Jan. 2024 )
	=	0.227	/	0.36
	=	0.63

Blackrock Muniyield NY Quality FD, (NYSE:MYN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Blackrock Muniyield NY Quality FD, Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Blackrock Muniyield NY Quality FD,'s Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Blackrock Muniyield NY Quality FD, (Blackrock Muniyield NY Quality FD,) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Muniyield NY Quality FD, Inc (NYSE:MYN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

https://www.blackrock.com

Blackrock Muniyield NY Quality FD, Inc is a closed-end management investment company. Its objective is to provide shareholders with a high level of current income exempt from federal income taxes. The Fund invests primarily in long-term municipal obligations that are investment grade quality or are considered by the Fund's investment adviser to be of comparable quality, at the time of investment.

Executives

Arthur Philip Steinmetz	director	50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman	officer: Chief Compliance Officer	50 HUDSON YARDS, NEW YORK NY 10001
Kristi Manidis Santiago	other: Portfolio Manager	1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Phillip Soccio	other: Portfolio Manager	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Kevin Maloney	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski	other: Portfolio Manager	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Michael Perilli	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Toronto Dominion Investments, Inc.	10 percent owner	909 FANIN, SUITE 1950, HOUSTON TX 77010
Td Securities (usa) Llc	10 percent owner	ONE VANDERBILT AVENUE, NEW YORK NY 10017
Td Group Us Holdings Llc	10 percent owner	251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Dominion Bank Toronto	10 percent owner	66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Toronto Dominion Holdings Usa Inc	10 percent owner	40 WALL STREET, NEW YORK NY 10003
Lorenzo Flores	director	2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman	director	P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris	director	1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008