BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY - Get Free Report) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders 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 5.65%. The ex-dividend date is Friday, February 14th.
BlackRock MuniYield Michigan Quality Fund has decreased its dividend payment by an average of 4.3% annually over the last three years.
BlackRock MuniYield Michigan Quality Fund Price Performance
BlackRock MuniYield Michigan Quality Fund stock traded down $0.06 during midday trading on Friday, hitting $11.57. The company's stock had a trading volume of 60,685 shares, compared to its average volume of 43,326. The stock's 50-day moving average price is $11.52 and its 200-day moving average price is $11.68. BlackRock MuniYield Michigan Quality Fund has a 12 month low of $10.97 and a 12 month high of $12.11.
About BlackRock MuniYield Michigan Quality Fund
(
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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.
Further Reading
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