BlackRock MuniYield Michigan Quality Fund, Inc. Plans Monthly Dividend of $0.06 (NYSE:MIY)

BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY) declared a monthly dividend on Tuesday, April 6th, Wall Street Journal reports. Stockholders of record on Thursday, April 15th will be given a dividend of 0.056 per share by the financial services provider on Monday, May 3rd. This represents a $0.67 annualized dividend and a dividend yield of 4.46%. The ex-dividend date of this dividend is Wednesday, April 14th.

MIY opened at $15.07 on Wednesday. The firm has a 50-day moving average price of $14.61 and a 200-day moving average price of $14.39. BlackRock MuniYield Michigan Quality Fund has a twelve month low of $12.52 and a twelve month high of $15.20.

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

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