BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY – Get Free Report) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.0545 per share by the financial services provider on Monday, March 3rd. This represents a $0.65 annualized dividend and a dividend yield of 5.68%. The ex-dividend date is Friday, February 14th.
BlackRock MuniYield Michigan Quality Fund has decreased its dividend by an average of 4.3% per year over the last three years.
BlackRock MuniYield Michigan Quality Fund Stock Performance
Shares of NYSE MIY opened at $11.51 on Wednesday. BlackRock MuniYield Michigan Quality Fund has a 12-month low of $10.97 and a 12-month high of $12.11. The firm has a 50 day moving average of $11.51 and a 200 day moving average of $11.68.
About BlackRock MuniYield Michigan Quality Fund
BlackRock MuniYield Michigan Quality Fund, Inc is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade, long-term municipal obligations exempt from federal income taxes and Michigan income taxes.
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