BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY - Get Free Report) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.0545 per share by the financial services provider on Monday, February 3rd. This represents a $0.65 annualized dividend and a yield of 5.76%. The ex-dividend date is Wednesday, January 15th.
BlackRock MuniYield Michigan Quality Fund has decreased its dividend by an average of 10.8% annually over the last three years.
BlackRock MuniYield Michigan Quality Fund Price Performance
Shares of NYSE:MIY traded up $0.04 during midday trading on Friday, hitting $11.36. The stock had a trading volume of 57,183 shares, compared to its average volume of 68,992. The company's 50-day moving average price is $11.61 and its 200-day moving average price is $11.68. BlackRock MuniYield Michigan Quality Fund has a fifty-two week low of $10.96 and a fifty-two week 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.
Featured Stories
Before you consider BlackRock MuniYield Michigan Quality Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackRock MuniYield Michigan Quality Fund wasn't on the list.
While BlackRock MuniYield Michigan Quality Fund currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
