BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY – Get Free Report) declared a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Investors of record on Monday, September 16th will be paid a dividend of 0.0465 per share by the financial services provider on Tuesday, October 1st. This represents a $0.56 annualized dividend and a dividend yield of 4.64%. The ex-dividend date of this dividend is Monday, September 16th.
BlackRock MuniYield Michigan Quality Fund has decreased its dividend payment by an average of 10.8% annually over the last three years.
BlackRock MuniYield Michigan Quality Fund Stock Up 0.4 %
MIY stock opened at $12.03 on Friday. The company has a 50 day moving average price of $11.68 and a two-hundred day moving average price of $11.46. BlackRock MuniYield Michigan Quality Fund has a one year low of $9.45 and a one year high of $12.05.
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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