BlackRock MuniYield Michigan Quality Fund Stock Forecast, Price & News

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BlackRock MuniYield Michigan Quality Fund saw a decline in short interest in February. As of February 12th, there was short interest totaling 5,800 shares, a decline of 41.4% from the January 28th total of 9,900 shares. Based on an average daily volume of 43,400 shares, the days-to-cover ratio is presently 0.1 days.
View BlackRock MuniYield Michigan Quality Fund's Short Interest.

BlackRock MuniYield Michigan Quality Fund's stock was trading at $13.70 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MIY stock has increased by 5.8% and is now trading at $14.49.
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BlackRock MuniYield Michigan Quality Fund announced a monthly dividend on Wednesday, March 3rd. Stockholders of record on Monday, March 15th will be paid a dividend of $0.056 per share on Thursday, April 1st. This represents a $0.67 dividend on an annualized basis and a yield of 4.64%. The ex-dividend date is Friday, March 12th.
View BlackRock MuniYield Michigan Quality Fund's dividend history.

BlackRock MuniYield Michigan Quality Fund pays an annual dividend of $0.63 per share and currently has a dividend yield of 4.34%. MIY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View BlackRock MuniYield Michigan Quality Fund's dividend history.

Some companies that are related to BlackRock MuniYield Michigan Quality Fund include Tri-Continental (TY), Liberty All-Star Equity Fund (USA), iShares MSCI Hong Kong ETF (EWH), iShares MSCI Australia ETF (EWA), Tortoise Energy Infrastructure (TYG), Boulder Growth & Income Fund (BIF), SPDR Bloomberg Barclays International Treasury Bond ETF (BWX), Aberdeen Asia-Pacific Income Fund (FAX), Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX), Cornerstone Strategic Value Fund (CLM), AllianceBernstein Global High Income Fund (AWF), Tekla Healthcare Investors (HQH), BlackRock MuniYield Quality Fund III (MYI), Central Securities (CET) and General American Investors (GAM).
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Based on aggregate information from My MarketBeat watchlists, some companies that other BlackRock MuniYield Michigan Quality Fund investors own include AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), Blackrock Resources & Commodities Strategy Trust (BCX), Franklin Resources (BEN), BlackRock Enhanced International Dividend Trust (BGY), The Bank of Nova Scotia (BNS), BlackRock Enhanced Global Dividend Trust (BOE), British American Tobacco (BTI) and BlackRock Utilities, Infrastructure & Power Opportunities Trust (BUI).

BlackRock MuniYield Michigan Quality Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "MIY."

BlackRock MuniYield Michigan Quality Fund's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wells Fargo & Company MN (1.14%), Cambridge Investment Research Advisors Inc. (0.77%), Robinson Capital Management LLC (0.75%), Reitz Capital Advisors LLC (0.71%), Fiera Capital Corp (0.28%) and Kestra Advisory Services LLC (0.23%).

MIY stock was sold by a variety of institutional investors in the last quarter, including Robinson Capital Management LLC, Mercer Global Advisors Inc. ADV, Wells Fargo & Company MN, Sigma Planning Corp, and Reitz Capital Advisors LLC.

MIY stock was purchased by a variety of institutional investors in the last quarter, including Kestra Advisory Services LLC, Exchange Capital Management Inc., Stifel Financial Corp, LPL Financial LLC, Cetera Investment Advisers, Centaurus Financial Inc., Walter & Keenan Financial Consulting Co. MI ADV, and Cambridge Investment Research Advisors Inc..

Shares of MIY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MIY stock can currently be purchased for approximately $14.49.

BlackRock MuniYield Michigan Quality Fund has a market capitalization of $427.60 million.

The official website for BlackRock MuniYield Michigan Quality Fund is www.blackrock.com.

The financial services provider can be reached via phone at 302-797-2000.