BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY) Declares $0.05 Dividend

BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY) announced a dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Monday, July 15th will be paid a dividend of 0.0465 per share by the financial services provider on Thursday, August 1st. The ex-dividend date is Monday, July 15th.

BlackRock MuniYield Michigan Quality Fund has decreased its dividend by an average of 10.8% per year over the last three years.

BlackRock MuniYield Michigan Quality Fund Trading Up 0.3 %

MIY stock traded up $0.03 during trading on Tuesday, hitting $11.48. 69,607 shares of the stock traded hands, compared to its average volume of 50,010. BlackRock MuniYield Michigan Quality Fund has a one year low of $9.45 and a one year high of $11.70. The company has a 50 day simple moving average of $11.26 and a 200 day simple moving average of $11.35.

BlackRock MuniYield Michigan Quality Fund Company Profile

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.