BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY – Get Free Report) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be paid a dividend of 0.0545 per share by the financial services provider on Monday, March 3rd. This represents a $0.65 annualized dividend and a yield of 5.62%. The ex-dividend date is Friday, February 14th.
BlackRock MuniYield Michigan Quality Fund has decreased its dividend by an average of 4.3% per year over the last three years.
BlackRock MuniYield Michigan Quality Fund Stock Performance
NYSE MIY opened at $11.64 on Wednesday. The company has a 50-day moving average price of $11.53 and a two-hundred day moving average price of $11.68. BlackRock MuniYield Michigan Quality Fund has a 52 week low of $10.97 and a 52 week high of $12.11.
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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