SmarterDividends
HYT

BlackRock Corporate High Yield Fund, Inc.

HYT

Financial Services · Asset Management · Stock · monthly payer

$7.85

Undervalued · +31% Add to Portfolio

Forward Yield

11.91%

Annual Dividend

$0.92

Payout Ratio

156%

5-Yr Growth

0.0%

Ex-Date

Oct 15, 2026

Frequency

Monthly

Key facts about HYT's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 14, 2026, BlackRock Corporate High Yield Fund, Inc. (HYT) has a forward dividend yield of 11.91%, based on an annual dividend of $0.92 per share and a share price of $7.85.
  • As of Oct 14, 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 Oct 15, 2026, with payment on Oct 30, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 14, 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 Oct 14, 2026, HYT's 11.91% yield is 29% above its five-year average yield of 9.24%.
  • As of Oct 14, 2026, SmarterDividends' blended fair-value estimate for HYT is $10.29 per share, 31% above the $7.85 share price, so HYT screens as undervalued.
  • BlackRock Corporate High Yield Fund, Inc. (HYT) pays its dividend monthly, 12 times a year.
Cite this page

SmarterDividends, "HYT Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 14, 2026, https://smarterdividends.com/stocks/HYT

Summary

As of Oct 14, 2026, BlackRock Corporate High Yield Fund, Inc. (HYT) yields 11.91% ($0.92 a year per share) and has a dividend safety grade of B (69/100).

Is HYT a good dividend stock?

Yes, with caveats

BlackRock Corporate High Yield Fund, Inc. (HYT) pays a monthly dividend yielding 11.91% ($0.92/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
    11.91%
    Payout Ratio
    156%
    Annual Dividend
    $0.92
    5-Yr Avg Growth
    0.0%
    Ex-Dividend Date
    Oct 15, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    0.59
    Market Cap
    $1.5B
    P/E Ratio
    13.1
    5-Yr Total Return
    -35%
    52-Week Range
    $7.70 – $9.55
    Dividend Safety
    B · 69/100
    Ever Cut?
    Yes (2015)
    HYT ex-dividend date & scheduleNext ex-date Oct 15, 2026 · full ex-dividend historyView →HYT dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is HYT a good dividend stock?

    Yes, with caveats. BlackRock Corporate High Yield Fund, Inc. (HYT) pays a monthly dividend yielding 11.91% ($0.92/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 $7.85 share price — so it looks undervalued (+31% 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 31% above the current $7.85 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 11.91% ($0.92/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 $0.92 per share annually, a forward yield of roughly 11.91%.

    What is HYT's dividend yield?

    As of Oct 14, 2026, HYT's forward dividend yield is 11.91%, based on a $0.92 annual dividend and a $7.85 share price.

    What is HYT's dividend per share?

    As of Oct 14, 2026, HYT pays $0.92 per share per year, distributed on a monthly basis.

    What is HYT's dividend payout ratio?

    As of Oct 14, 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 Oct 14, 2026, the next ex-dividend date on record for HYT is Oct 15, 2026.

    Income Calculator

    At $0.92 / yr per share

    Per payment (monthly)$7.64
    Annual$91.70
    Monthly avg$7.64

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