SmarterDividends
HYT

BlackRock Corporate High Yield Fund (HYT) Dividend

BlackRock Corporate High Yield Fund, Inc. · Financial Services · Asset Management · monthly payer

$7.94

Undervalued · +30% Add to Portfolio

As of Nov 8, 2026, BlackRock Corporate High Yield Fund (HYT) pays a monthly dividend of $0.0780 per share, or $0.93 a year, a 11.77% yield at its $7.94 share price. The next ex-dividend date is Nov 13, 2026, paid Nov 27, 2026. It has a dividend safety grade of B.

Forward Yield

11.77%

Annual Dividend

$0.93

Payout Ratio

156%

5-Yr Growth

0.0%

Ex-Date

Nov 13, 2026

Frequency

Monthly

Key facts about HYT's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, BlackRock Corporate High Yield Fund, Inc. (HYT) has a forward dividend yield of 11.77%, based on an annual dividend of $0.93 per share and a share price of $7.94.
  • As of Nov 8, 2026, HYT's dividend safety grade from SmarterDividends is B (69 out of 100), which rates the dividend as safe.
  • HYT last cut its regular dividend in 2015.
  • HYT's next ex-dividend date is Nov 13, 2026, with payment on Nov 27, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 8, 2026, HYT pays out 156% of its trailing 12-month earnings as dividends (its payout ratio).
  • HYT's dividend has been roughly flat over the past five years.
  • As of Nov 8, 2026, HYT's 11.77% yield is 27% above its five-year average yield of 9.24%.
  • As of Nov 8, 2026, SmarterDividends' blended fair-value estimate for HYT is $10.29 per share, 30% above the $7.94 share price, so HYT screens as undervalued.
  • BlackRock Corporate High Yield Fund, Inc. (HYT) pays its dividend monthly, 12 times a year.
  • BlackRock Corporate High Yield Fund, Inc. (HYT) has raised its regular dividend 10 times and cut it 11 times across the 280 payments on record since 2003. Its most recent change was a 0.4% increase to $0.0780 per share, going ex-dividend on Jan 20, 2026. The last cut went ex-dividend on Mar 11, 2015.
Cite this page

SmarterDividends, "HYT Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 8, 2026, https://smarterdividends.com/stocks/HYT

Is HYT a good dividend stock?

Yes, with caveats

BlackRock Corporate High Yield Fund, Inc. (HYT) pays a monthly dividend yielding 11.77% ($0.93/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

    Risks

    • Cut its dividend in 2015
    • Elevated payout ratio (156%)
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    11.77%
    Payout Ratio
    156%
    Annual Dividend
    $0.93
    5-Yr Avg Growth
    0.0%
    Ex-Dividend Date
    Nov 13, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    0.61
    Market Cap
    $1.6B
    P/E Ratio
    13.2
    5-Yr Total Return
    -34%
    52-Week Range
    $7.62 – $9.52
    Dividend Safety
    B · 69/100
    Ever Cut?
    Yes (2015)

    HYT dividend raises and cuts

    BlackRock Corporate High Yield Fund, Inc. (HYT) has raised its regular dividend 10 times and cut it 11 times across the 280 payments on record since 2003. Its most recent change was a 0.4% increase to $0.0780 per share, going ex-dividend on Jan 20, 2026. The last cut went ex-dividend on Mar 11, 2015.

    Ex-dateChangeOld → newMove
    Jan 20, 2026Raise$0.0777 → $0.0780+0.4%
    Oct 11, 2019Raise$0.0717 → $0.0777+8.3%
    Jul 13, 2018Raise$0.0697 → $0.0717+2.9%
    Mar 11, 2015Cut$0.0747 → $0.0697−6.7%
    Feb 11, 2015Cut$0.0757 → $0.0747−1.3%
    Jul 11, 2014Cut$0.0807 → $0.0757−6.2%
    Jul 11, 2013Cut$0.0867 → $0.0807−6.9%
    Dec 12, 2012Cut$0.0876 → $0.0867−1.1%
    Jun 13, 2012Raise$0.0837 → $0.0876+4.8%
    Oct 12, 2011Raise$0.0827 → $0.0837+1.2%
    Feb 11, 2011Cut$0.0906 → $0.0827−8.8%
    Dec 29, 2010Raise$0.0827 → $0.0906+9.6%
    Show all 21 changes since 2003
    Ex-dateChangeOld → newMove
    Mar 11, 2010Cut$0.0876 → $0.0827−5.7%
    Jun 11, 2009Cut$0.0996 → $0.0876−12.0%
    Oct 11, 2007Raise$0.0946 → $0.0996+5.3%
    Jun 13, 2007Raise$0.0896 → $0.0946+5.6%
    Mar 10, 2006Cut$0.0996 → $0.0896−10.0%
    Dec 8, 2005Cut$0.110 → $0.0996−9.1%
    Jun 10, 2005Cut$0.121 → $0.110−9.1%
    Dec 8, 2004Raise$0.119 → $0.121+1.7%
    Aug 13, 2003Raise$0.0827 → $0.119+43.4%
    Every HYT payment →Download every raise and cut (CSV)
    HYT ex-dividend date & scheduleNext ex-date Nov 13, 2026 · full ex-dividend historyView →HYT dividend historyEvery payment, totals by year, raises and cutsView →HYT dividend calculator100 shares pay $93.00 a year, $7.75 each monthCalculate →HYT total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

    Frequently Asked Questions

    Is HYT a good dividend stock?

    Yes, with caveats. BlackRock Corporate High Yield Fund, Inc. (HYT) pays a monthly dividend yielding 11.77% ($0.93/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

    Is HYT undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, HYT's fair value is about $10.29 versus a $7.94 share price — so it looks undervalued (+30% vs. fair value).

    Is HYT's dividend safe?

    HYT has a dividend-safety grade of B (69/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2015, debt and yield-versus-history.

    What is HYT's fair value?

    Our blended fair-value estimate for HYT is about $10.29 per share, roughly 30% above the current $7.94 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is HYT a buy, hold, or sell?

    We don't issue formal ratings, but on the data HYT screens as "yes, with caveats" and undervalued. BlackRock Corporate High Yield Fund, Inc. (HYT) pays a monthly dividend yielding 11.77% ($0.93/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

    Will HYT cut its dividend?

    HYT earns a dividend-safety grade of B (69/100), and has cut its dividend before (last in 2015). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does HYT pay a dividend?

    Yes. BlackRock Corporate High Yield Fund, Inc. pays a monthly dividend of about $0.93 per share annually, a forward yield of roughly 11.77%.

    How much dividend does 100 shares of HYT pay?

    At $0.93 per share a year, 100 shares of HYT pay $93.00 a year in dividends before tax, about $7.75 each month. Buying them costs about $794 at the Nov 8, 2026 price.

    What is HYT's dividend yield?

    As of Nov 8, 2026, HYT's forward dividend yield is 11.77%, based on a $0.93 annual dividend and a $7.94 share price.

    What is HYT's dividend per share?

    As of Nov 8, 2026, HYT pays $0.93 per share per year, distributed on a monthly basis.

    What is HYT's dividend payout ratio?

    As of Nov 8, 2026, HYT's payout ratio is 156% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has HYT grown its dividend?

    HYT does not currently have a long dividend-growth streak on record.

    When is the next HYT ex-dividend date?

    As of Nov 8, 2026, the next ex-dividend date on record for HYT is Nov 13, 2026.

    Income Calculator

    At $0.93 / yr per share

    Per payment (monthly)$7.75
    Annual$93.00
    Monthly avg$7.75
    Full HYT dividend calculator →

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