BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY – Get Free Report) declared a monthly dividend on Thursday, September 10th. Stockholders of record on Thursday, October 15th will be paid a dividend of 0.0545 per share by the financial services provider on Monday, November 2nd. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend is Thursday, October 15th.
BlackRock MuniYield Michigan Quality Fund Price Performance
Shares of MIY opened at $12.26 on Friday. BlackRock MuniYield Michigan Quality Fund has a 12-month low of $11.07 and a 12-month high of $12.90. The business’s 50 day moving average is $12.37 and its 200 day moving average is $12.19.
BlackRock MuniYield Michigan Quality Fund Company Profile
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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