Blackrock Muniyield Michign Qulty Fd Inc (NYSE:MIY) announced a monthly dividend on Monday, February 4th, Wall Street Journal reports. Investors of record on Friday, February 15th will be paid a dividend of 0.052 per share by the financial services provider on Friday, March 1st. This represents a $0.62 dividend on an annualized basis and a dividend yield of 4.80%. The ex-dividend date is Thursday, February 14th.
Blackrock Muniyield Michign Qulty Fd has decreased its dividend payment by an average of 0.6% annually over the last three years.
Shares of NYSE MIY opened at $13.01 on Friday. Blackrock Muniyield Michign Qulty Fd has a fifty-two week low of $12.15 and a fifty-two week high of $13.58.
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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.
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