BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY – Get Free Report) announced a monthly dividend on Friday, June 5th. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.0545 per share by the financial services provider on Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date is Wednesday, July 15th.
BlackRock MuniYield Michigan Quality Fund Stock Up 0.1%
MIY stock opened at $12.33 on Monday. BlackRock MuniYield Michigan Quality Fund has a 52 week low of $10.57 and a 52 week high of $12.90. The firm’s fifty day moving average is $12.10 and its 200 day moving average is $12.09.
About BlackRock MuniYield Michigan Quality Fund
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.
Recommended Stories
- Five stocks we like better than BlackRock MuniYield Michigan Quality Fund
- 3 Overlooked Stocks Positioned for the Next Market Rotation
- 3 Non-Tech Stocks Still Winning Big on AI
- Achieve Robust Diversification With These 3 Equal-Weight ETFs
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
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.
