BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY) Plans $0.05 Monthly Dividend

BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIYGet Free Report) announced a monthly dividend on Friday, February 27th. Shareholders of record on Monday, June 15th will be paid a dividend of 0.0545 per share by the financial services provider on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock MuniYield Michigan Quality Fund Price Performance

Shares of MIY opened at $12.27 on Friday. The firm has a 50-day moving average of $11.98 and a 200-day moving average of $12.02. BlackRock MuniYield Michigan Quality Fund has a one year low of $10.57 and a one year high of $12.90.

BlackRock MuniYield Michigan Quality Fund Company Profile

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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.

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Dividend History for BlackRock MuniYield Michigan Quality Fund (NYSE:MIY)

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