BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY) Plans Monthly Dividend of $0.05

BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIYGet Free Report) announced a monthly dividend on Thursday, September 10th. Investors of record on Friday, December 11th will be given a dividend of 0.0545 per share by the financial services provider on Tuesday, December 22nd. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date is Friday, December 11th.

BlackRock MuniYield Michigan Quality Fund Stock Performance

NYSE MIY opened at $12.26 on Friday. BlackRock MuniYield Michigan Quality Fund has a 12 month low of $11.07 and a 12 month high of $12.90. The company’s 50 day moving average is $12.37 and its two-hundred day moving average is $12.19.

About BlackRock MuniYield Michigan Quality Fund

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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.

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

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