BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY – Get Free Report) declared a monthly dividend on Friday, June 5th. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.0545 per share by the financial services provider on Monday, August 3rd. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date is Wednesday, July 15th.
BlackRock MuniYield Michigan Quality Fund Stock Up 0.1%
NYSE MIY opened at $12.33 on Monday. BlackRock MuniYield Michigan Quality Fund has a 52 week low of $10.57 and a 52 week high of $12.90. The company has a 50-day moving average price of $12.10 and a 200-day moving average price of $12.09.
About BlackRock MuniYield Michigan Quality Fund
BlackRock MuniYield Michigan Quality Fund (NYSE: MIY) is a closed-end management investment company that seeks to provide current income exempt from federal and Michigan personal income taxes. The fund primarily invests in investment-grade municipal securities issued by state and local governments within Michigan. Its portfolio typically includes a diversified mix of general obligation bonds and revenue bonds backed by public utilities, transportation projects, and other essential municipal services.
The fund’s investment strategy emphasizes credit quality and diversification across sectors and maturities.
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