BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) To Go Ex-Dividend on December 11th

BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY) announced a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, December 11th will be paid a dividend of 0.0545 per share by the financial services provider on Tuesday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend is Friday, December 11th.

BlackRock MuniYield Michigan Quality Fund Stock Up 0.3%

Shares of NYSE MIY opened at $12.26 on Friday. The business has a fifty day simple moving average of $12.37 and a two-hundred day simple moving average of $12.19. BlackRock MuniYield Michigan Quality Fund has a twelve month low of $11.07 and a twelve month high of $12.90.

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.