BlackRock MuniYield Quality Fund, Inc. (MQY) to Issue Monthly Dividend of $0.06 on July 1st

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQYGet Free Report) announced a monthly dividend on Friday, February 27th. Investors of record on Monday, June 15th will be paid a dividend of 0.058 per share by the financial services provider on Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date is Monday, June 15th.

BlackRock MuniYield Quality Fund Trading Down 0.5%

NYSE:MQY traded down $0.06 during trading hours on Friday, hitting $11.43. The company’s stock had a trading volume of 208,171 shares, compared to its average volume of 384,414. The business’s 50-day moving average is $11.36 and its two-hundred day moving average is $11.43. BlackRock MuniYield Quality Fund has a 52-week low of $10.78 and a 52-week high of $11.94.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of MQY. Global Retirement Partners LLC purchased a new position in BlackRock MuniYield Quality Fund in the fourth quarter worth $32,000. Garton & Associates Financial Advisors LLC purchased a new position in BlackRock MuniYield Quality Fund in the fourth quarter worth $32,000. Geneos Wealth Management Inc. purchased a new position in BlackRock MuniYield Quality Fund in the first quarter worth $34,000. Fifth Third Bancorp purchased a new position in BlackRock MuniYield Quality Fund in the first quarter worth $54,000. Finally, Elyxium Wealth LLC purchased a new position in BlackRock MuniYield Quality Fund in the fourth quarter worth $69,000. Hedge funds and other institutional investors own 25.51% of the company’s stock.

About BlackRock MuniYield Quality Fund

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BlackRock MuniYield Quality Fund (NYSE: MQY) is a closed-end investment company that seeks to provide shareholders with a high level of current income exempt from federal income tax. The fund pursues its objective by investing primarily in a diversified portfolio of investment-grade municipal securities, including bonds issued by states, municipalities and their agencies across the United States. MQY may employ leverage to enhance income, in line with its stated risk and return objectives.

As part of BlackRock’s suite of municipal bond offerings, MQY benefits from the firm’s municipal fixed-income research, trading capabilities and credit analysis.

See Also

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

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