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

BlackRock MuniYield Michigan Quality Fund logo with Finance background

BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY - Get Free Report) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.0545 per share by the financial services provider on Tuesday, April 1st. This represents a $0.65 annualized dividend and a yield of 5.60%. The ex-dividend date is Friday, March 14th.

BlackRock MuniYield Michigan Quality Fund has decreased its dividend by an average of 4.3% annually over the last three years.

BlackRock MuniYield Michigan Quality Fund Price Performance

NYSE MIY traded down $0.06 during midday trading on Tuesday, hitting $11.67. The company had a trading volume of 49,994 shares, compared to its average volume of 49,290. The firm has a 50-day moving average price of $11.47 and a 200-day moving average price of $11.67. BlackRock MuniYield Michigan Quality Fund has a twelve month low of $10.97 and a twelve month high of $12.11.

BlackRock MuniYield Michigan Quality Fund Company Profile

(Get Free Report)

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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Dividend History for BlackRock MuniYield Michigan Quality Fund (NYSE:MIY)

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