SmarterDividends
HYT

BlackRock Corporate High Yield Fund, Inc.

HYT

Financial Services · Stock · monthly payer

Forward Yield

10.81%

Annual Dividend

$0.93

Payout Ratio

103%

5-Yr Growth

0.0%

Ex-Date

Jun 15, 2026

Frequency

Monthly

HYT Dividend Safety Score

69/ 100
Grade B

Safe

Dividend-growth streak10 consecutive years of growth
Cut historyCut its dividend in 2015
Earnings payout coverage103% of earnings paid out
Balance-sheet strengthDebt/equity of 0.28
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is HYT a good dividend stock?

Yes, with caveats

BlackRock Corporate High Yield Fund, Inc. (HYT) pays a monthly dividend yielding 10.81% ($0.93/yr), with 10 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • 10 consecutive years of dividend growth

Risks

  • Cut its dividend in 2015
  • Elevated payout ratio (103%)
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
10.81%
Payout Ratio
103%
Annual Dividend
$0.93
5-Yr Avg Growth
0.0%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
10
Frequency
monthly
Beta
0.59
Market Cap
$1.4B
P/E Ratio
9.5
5-Yr Total Return
-30%
52-Week Range
$8.22 – $9.88
Dividend Safety
B · 69/100
Ever Cut?
Yes (2015)
HYT ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.93 / yr per share

Per payment (monthly)$7.75
Annual$93.00
Monthly avg$7.75