BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) to Issue $0.06 Monthly Dividend

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQYGet Free Report) declared a monthly dividend on Friday, November 17th, Wall Street Journal reports. Shareholders of record on Thursday, February 15th will be given a dividend of 0.058 per share by the financial services provider on Friday, March 1st. This represents a $0.70 annualized dividend and a yield of 5.75%. The ex-dividend date is Wednesday, February 14th.

BlackRock MuniYield Quality Fund Price Performance

BlackRock MuniYield Quality Fund stock opened at $12.11 on Monday. The company’s 50-day moving average price is $12.11 and its two-hundred day moving average price is $11.28. BlackRock MuniYield Quality Fund has a 52 week low of $9.82 and a 52 week high of $12.48.

Hedge Funds Weigh In On BlackRock MuniYield Quality Fund

Hedge funds have recently made changes to their positions in the business. ICA Group Wealth Management LLC acquired a new position in shares of BlackRock MuniYield Quality Fund in the 4th quarter worth approximately $28,000. Captrust Financial Advisors acquired a new position in shares of BlackRock MuniYield Quality Fund in the 2nd quarter worth approximately $52,000. Nomura Holdings Inc. acquired a new position in shares of BlackRock MuniYield Quality Fund in the 2nd quarter worth approximately $128,000. Cetera Advisor Networks LLC acquired a new position in shares of BlackRock MuniYield Quality Fund in the 4th quarter worth approximately $117,000. Finally, Mercer Global Advisors Inc. ADV grew its stake in shares of BlackRock MuniYield Quality Fund by 9.1% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 12,456 shares of the financial services provider’s stock worth $127,000 after purchasing an additional 1,044 shares during the last quarter. Institutional investors and hedge funds own 21.94% of the company’s stock.

BlackRock MuniYield Quality Fund Company Profile

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BlackRock MuniYield Quality Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests in long-term municipal obligations the interest on which is exempt from federal income taxes. The fund also invests in short-term securities.

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Dividend History for BlackRock MuniYield Quality Fund (NYSE:MQY)

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