BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY – Get Free Report) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.0545 per share by the financial services provider on Monday, December 2nd. This represents a $0.65 dividend on an annualized basis and a yield of 5.60%. The ex-dividend date is Friday, November 15th.
BlackRock MuniYield Michigan Quality Fund has decreased its dividend payment by an average of 10.8% annually over the last three years.
BlackRock MuniYield Michigan Quality Fund Stock Performance
Shares of NYSE:MIY opened at $11.68 on Thursday. BlackRock MuniYield Michigan Quality Fund has a 52-week low of $10.24 and a 52-week high of $12.11. The stock’s fifty day simple moving average is $11.83 and its 200-day simple moving average is $11.59.
BlackRock MuniYield Michigan Quality Fund Company Profile
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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