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BlackRock High Yield Fund NYSE:HYT Stock Report

Last Price

US$9.77

Market Cap

US$1.4b

7D

0%

1Y

10.9%

Updated

10 Apr, 2024

Data

Company Financials

BlackRock Corporate High Yield Fund, Inc.

NYSE:HYT Stock Report

Market Cap: US$1.4b

HYT Stock Overview

BlackRock Corporate High Yield Fund, Inc.

HYT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health2/6
Dividends4/6

BlackRock Corporate High Yield Fund, Inc. Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for BlackRock High Yield Fund
Historical stock prices
Current Share PriceUS$9.77
52 Week HighUS$9.91
52 Week LowUS$8.18
Beta0.77
1 Month Change-0.10%
3 Month Change0.93%
1 Year Change10.90%
3 Year Change-17.06%
5 Year Change-6.60%
Change since IPO-35.08%

Recent News & Updates

HYT: Wait For A Wider Discount To NAV Before Buying

Jan 29

HYT: A Solid Junk Bond Fund With A Sustainable 10.70% Yield

Nov 13

HYT: Surprisingly Strong Recent Performance And Improving Financials

Sep 07

HYT: Wait For Price To Drop Before Buying In Due To Risks

Jun 28

BlackRock Corporate High Yield Fund goes ex-dividend tomorrow

Feb 13

Recent updates

HYT: Wait For A Wider Discount To NAV Before Buying

Jan 29

HYT: A Solid Junk Bond Fund With A Sustainable 10.70% Yield

Nov 13

HYT: Surprisingly Strong Recent Performance And Improving Financials

Sep 07

HYT: Wait For Price To Drop Before Buying In Due To Risks

Jun 28

BlackRock Corporate High Yield Fund goes ex-dividend tomorrow

Feb 13

HYT: Moving From Buy To Hold On This High Yield CEF

Feb 03

BlackRock Corporate High Yield Fund goes ex-dividend on Monday

Nov 11

HYT: Rights Offering Results Quick Notes

Oct 24

HYT Rights Offering Results And Implications

Oct 14

HYT: Rights Offering Quick Notes

Sep 23

BlackRock Corporate High Yield Fund declares $0.0779 dividend

Sep 08

BlackRock Corporate High Yield Fund declares $0.0779 dividend

Sep 02

BlackRock Corporate High Yield Fund declares $0.0779 dividend

Aug 05

HYT: Don't Fall For This 9% Dividend Fund

Jul 24

BlackRock Corporate High Yield Fund declares $0.0779 dividend

Jul 05

HYT: Time To Buy This 9% Yield

Apr 28

HYT: Tempting Valuation Right Now

Jan 26

HYT: Fight The Fed With This 7.5% Yielder

Aug 25

BlackRock Corporate High Yield Fund declares $0.0779 dividend

May 07

HYT: Stay Patient, Don't Chase Returns Here

May 04

BlackRock Corporate High Yield Fund declares $0.0779 dividend

Feb 04

BlackRock Corporate High Yield Fund declares $0.0779 dividend

Dec 21

BlackRock Corporate High Yield Fund declares $0.0779 dividend

Dec 04

BlackRock Corporate High Yield Fund declares $0.0779 dividend

Nov 03

Shareholder Returns

HYTUS Capital MarketsUS Market
7D0%-1.3%-0.9%
1Y10.9%29.8%25.0%

Return vs Industry: HYT underperformed the US Capital Markets industry which returned 32.5% over the past year.

Return vs Market: HYT underperformed the US Market which returned 26.2% over the past year.

Price Volatility

Is HYT's price volatile compared to industry and market?
HYT volatility
HYT Average Weekly Movement1.2%
Capital Markets Industry Average Movement3.3%
Market Average Movement6.0%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.0%

Stable Share Price: HYT has not had significant price volatility in the past 3 months.

Volatility Over Time: HYT's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003n/an/awww.blackrock.com/investing/products/240182/blackrock-corporate-high-yield-fund-vi-inc-usd-fund

BlackRock Corporate High Yield Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets across the globe. The fund invests in bonds of companies operating across diversified sectors.

BlackRock Corporate High Yield Fund, Inc. Fundamentals Summary

How do BlackRock High Yield Fund's earnings and revenue compare to its market cap?
HYT fundamental statistics
Market capUS$1.40b
Earnings (TTM)US$202.55m
Revenue (TTM)US$142.74m

6.9x

P/E Ratio

9.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HYT income statement (TTM)
RevenueUS$142.74m
Cost of RevenueUS$0
Gross ProfitUS$142.74m
Other Expenses-US$59.81m
EarningsUS$202.55m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.42
Gross Margin100.00%
Net Profit Margin141.90%
Debt/Equity Ratio42.9%

How did HYT perform over the long term?

See historical performance and comparison

Dividends

9.6%

Current Dividend Yield

66%

Payout Ratio

Does HYT pay a reliable dividends?

See HYT dividend history and benchmarks
When do you need to buy HYT by to receive an upcoming dividend?
BlackRock High Yield Fund dividend dates
Ex Dividend DateApr 12 2024
Dividend Pay DateApr 30 2024
Days until Ex dividend0 days
Days until Dividend pay date18 days

Does HYT pay a reliable dividends?

See HYT dividend history and benchmarks
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