BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY - Get Free Report) declared a monthly dividend on Wednesday, June 4th, Wall Street Journal reports. Shareholders of record on Friday, June 13th will be paid a dividend of 0.0545 per share by the financial services provider on Tuesday, July 1st. This represents a $0.65 annualized dividend and a yield of 5.75%. The ex-dividend date is Friday, June 13th.
BlackRock MuniYield Michigan Quality Fund has decreased its dividend by an average of 4.3% annually over the last three years.
BlackRock MuniYield Michigan Quality Fund Trading Up 0.1%
Shares of MIY stock traded up $0.01 during trading hours on Friday, reaching $11.37. The company's stock had a trading volume of 49,691 shares, compared to its average volume of 56,422. BlackRock MuniYield Michigan Quality Fund has a fifty-two week low of $10.81 and a fifty-two week high of $12.11. The firm's 50 day simple moving average is $11.33 and its 200-day simple moving average is $11.46.
BlackRock MuniYield Michigan Quality Fund Company Profile
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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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