BlackRock MuniYield Quality Fund, Inc. (MQY) To Go Ex-Dividend on April 15th

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) announced a monthly dividend on Friday, February 27th. Stockholders of record on Wednesday, April 15th will be paid a dividend of 0.058 per share by the financial services provider on Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date is Wednesday, April 15th.

BlackRock MuniYield Quality Fund Price Performance

Shares of MQY stock opened at $11.39 on Monday. The firm has a fifty day moving average price of $11.47 and a 200-day moving average price of $11.49. BlackRock MuniYield Quality Fund has a 1 year low of $10.61 and a 1 year high of $11.94.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of MQY. Global Retirement Partners LLC bought a new position in BlackRock MuniYield Quality Fund in the 4th quarter worth $32,000. Garton & Associates Financial Advisors LLC bought a new stake in shares of BlackRock MuniYield Quality Fund in the fourth quarter worth about $32,000. First Horizon Corp bought a new stake in shares of BlackRock MuniYield Quality Fund in the third quarter worth about $34,000. Elyxium Wealth LLC bought a new stake in shares of BlackRock MuniYield Quality Fund in the fourth quarter worth about $69,000. Finally, Hollencrest Capital Management increased its holdings in shares of BlackRock MuniYield Quality Fund by 189.7% in the fourth quarter. Hollencrest Capital Management now owns 6,730 shares of the financial services provider’s stock worth $76,000 after purchasing an additional 4,407 shares during the last quarter. Institutional investors own 25.51% of the company’s stock.

About BlackRock MuniYield Quality Fund

BlackRock MuniYield Quality Fund (NYSE: MQY) is a closed-end investment company that seeks to provide shareholders with a high level of current income exempt from federal income tax. The fund pursues its objective by investing primarily in a diversified portfolio of investment-grade municipal securities, including bonds issued by states, municipalities and their agencies across the United States. MQY may employ leverage to enhance income, in line with its stated risk and return objectives.

As part of BlackRock’s suite of municipal bond offerings, MQY benefits from the firm’s municipal fixed-income research, trading capabilities and credit analysis.