BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY – Get Free Report) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be paid a dividend of 0.0545 per share by the financial services provider on Thursday, May 1st. This represents a $0.65 annualized dividend and a yield of 5.63%. The ex-dividend date is Tuesday, April 15th.
BlackRock MuniYield Michigan Quality Fund has decreased its dividend by an average of 4.3% annually over the last three years.
BlackRock MuniYield Michigan Quality Fund Trading Up 0.8 %
Shares of NYSE:MIY traded up $0.10 during trading hours on Thursday, hitting $11.63. The company’s stock had a trading volume of 40,657 shares, compared to its average volume of 55,949. The firm’s fifty day moving average price is $11.53 and its 200 day moving average price is $11.63. BlackRock MuniYield Michigan Quality Fund has a 52 week low of $10.97 and a 52 week high of $12.11.
About BlackRock MuniYield Michigan Quality Fund
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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