BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY – Get Free Report) declared a monthly dividend on Friday, December 12th. Stockholders of record on Monday, December 22nd will be paid a dividend of 0.0545 per share by the financial services provider on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 5.6%. The ex-dividend date of this dividend is Monday, December 22nd.
BlackRock MuniYield Michigan Quality Fund Price Performance
Shares of NYSE:MIY traded down $0.11 during midday trading on Friday, reaching $11.58. The company had a trading volume of 184,825 shares, compared to its average volume of 62,191. The business’s 50 day moving average price is $11.60 and its 200 day moving average price is $11.30. BlackRock MuniYield Michigan Quality Fund has a 1-year low of $10.57 and a 1-year high of $11.89.
BlackRock MuniYield Michigan Quality Fund Company Profile
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.
Further Reading
- Five stocks we like better than BlackRock MuniYield Michigan Quality Fund
- How to invest in marijuana stocks in 7 steps
- These 3 Banks Are Rallying Into Year-End, But Will It Continue?
- Investing in the High PE Growth Stocks
- 3 Surging Stocks Just Got the Ultimate Stamp of Approval From the S&P 500
- Where to Find Earnings Call Transcripts
- This ETF Caught a Major Tailwind After the Fed’s Rate Cut
Receive News & Ratings for BlackRock MuniYield Michigan Quality Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock MuniYield Michigan Quality Fund and related companies with MarketBeat.com's FREE daily email newsletter.
