BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) To Go Ex-Dividend on February 13th

BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Friday, February 13th will be paid a dividend of 0.0545 per share by the financial services provider on Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend is Friday, February 13th.

BlackRock MuniYield Michigan Quality Fund Price Performance

Shares of BlackRock MuniYield Michigan Quality Fund stock traded up $0.20 during trading hours on Wednesday, hitting $12.45. The company’s stock had a trading volume of 24,180 shares, compared to its average volume of 59,866. The business has a fifty day moving average of $11.93 and a 200 day moving average of $11.56. BlackRock MuniYield Michigan Quality Fund has a 1-year low of $10.57 and a 1-year high of $12.51.

About BlackRock MuniYield Michigan Quality Fund

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.