BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) to Issue Monthly Dividend of $0.05 on September 1st

BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIYGet Free Report) declared a monthly dividend on Friday, June 5th. Investors of record on Friday, August 14th will be paid a dividend of 0.0545 per share by the financial services provider on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date is Friday, August 14th.

BlackRock MuniYield Michigan Quality Fund Trading Up 0.8%

Shares of MIY stock opened at $12.56 on Wednesday. The stock has a fifty day simple moving average of $12.21 and a two-hundred day simple moving average of $12.14. BlackRock MuniYield Michigan Quality Fund has a 52-week low of $10.97 and a 52-week high of $12.90.

About BlackRock MuniYield Michigan Quality Fund

(Get Free Report)

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.

Featured Articles

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

Receive News & Ratings for BlackRock MuniYield Michigan Quality Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock MuniYield Michigan Quality Fund and related companies with MarketBeat.com's FREE daily email newsletter.