BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Get Free Report) declared a monthly dividend on Wednesday, June 4th, Wall Street Journal reports. Investors of record on Friday, June 13th will be given a dividend of 0.058 per share by the financial services provider on Tuesday, July 1st. This represents a $0.70 annualized dividend and a dividend yield of 6.33%. The ex-dividend date is Friday, June 13th.
BlackRock MuniYield Quality Fund Stock Performance
Shares of NYSE:MQY remained flat at $11.00 during midday trading on Thursday. 130,594 shares of the company traded hands, compared to its average volume of 183,718. BlackRock MuniYield Quality Fund has a 1-year low of $10.52 and a 1-year high of $13.29. The firm has a fifty day moving average price of $11.10 and a two-hundred day moving average price of $11.68.
Institutional Investors Weigh In On BlackRock MuniYield Quality Fund
An institutional investor recently raised its position in BlackRock MuniYield Quality Fund stock. NewEdge Advisors LLC grew its position in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Free Report) by 7.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 45,824 shares of the financial services provider's stock after purchasing an additional 3,168 shares during the period. NewEdge Advisors LLC owned approximately 0.06% of BlackRock MuniYield Quality Fund worth $537,000 as of its most recent SEC filing. 25.51% of the stock is currently owned by hedge funds and other institutional investors.
BlackRock MuniYield Quality Fund Company Profile
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BlackRock MuniYield Quality Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests in long-term municipal obligations the interest on which is exempt from federal income taxes. The fund also invests in short-term securities.
Further Reading
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