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

BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY) declared a dividend on Thursday, August 1st, NASDAQ reports. Investors of record on Thursday, August 15th will be paid a dividend of 0.0465 per share by the financial services provider on Tuesday, September 3rd. The ex-dividend date is Thursday, August 15th.

BlackRock MuniYield Michigan Quality Fund has decreased its dividend by an average of 10.8% annually over the last three years.

BlackRock MuniYield Michigan Quality Fund Trading Up 0.6 %

BlackRock MuniYield Michigan Quality Fund stock traded up $0.07 during mid-day trading on Friday, hitting $11.74. 118,042 shares of the company traded hands, compared to its average volume of 43,472. BlackRock MuniYield Michigan Quality Fund has a one year low of $9.45 and a one year high of $11.75. The stock has a fifty day moving average price of $11.42 and a 200-day moving average price of $11.37.

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.