Blackrock Muniyield Michign Qulty Fd Stock Price, News & Analysis (NYSE:MIY)

$13.38 -0.05 (-0.37 %)
(As of 02/23/2018 04:00 PM ET)
Previous Close$13.43
Today's Range$13.30 - $13.45
52-Week Range$13.14 - $14.35
Volume98,729 shs
Average Volume56,755 shs
Market Capitalization$394.87 million
P/E RatioN/A
Dividend Yield5.60%
Beta-0.1

About Blackrock Muniyield Michign Qulty Fd (NYSE:MIY)

BlackRock MuniYield Michigan Quality Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to provide shareholders with as high a level of current income exempt from federal and Michigan income taxes as is consistent with its investment policies and prudent investment management. The Fund seeks to achieve its investment objective by investing at least 80% of its assets in municipal obligations exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax) and Michigan income taxes. Under normal market conditions, the Fund invests primarily in long-term municipal obligations that are investment grade quality at the time of investment. The Fund invests in health, education, county/city/special district/school district, utilities, state, transportation, housing and corporate sectors. BlackRock Advisors, LLC is the investment advisor of the Fund.

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Industry, Sector and Symbol

Industry Closed End Funds
Sub-IndustryN/A
SectorFinance
SymbolNYSE:MIY
CUSIPN/A
WebN/A
PhoneN/A

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares29,580,000

Blackrock Muniyield Michign Qulty Fd (NYSE:MIY) Frequently Asked Questions

What is Blackrock Muniyield Michign Qulty Fd's stock symbol?

Blackrock Muniyield Michign Qulty Fd trades on the New York Stock Exchange (NYSE) under the ticker symbol "MIY."

How often does Blackrock Muniyield Michign Qulty Fd pay dividends? What is the dividend yield for Blackrock Muniyield Michign Qulty Fd?

Blackrock Muniyield Michign Qulty Fd announced a monthly dividend on Monday, February 5th. Investors of record on Thursday, February 15th will be paid a dividend of $0.057 per share on Thursday, March 1st. This represents a $0.68 annualized dividend and a yield of 5.11%. The ex-dividend date is Wednesday, February 14th. View Blackrock Muniyield Michign Qulty Fd's Dividend History.

Who are some of Blackrock Muniyield Michign Qulty Fd's key competitors?

Who are Blackrock Muniyield Michign Qulty Fd's key executives?

Blackrock Muniyield Michign Qulty Fd's management team includes the folowing people:

  • Richard E. Cavanagh, Independent Chairman of the Board of Trustee (Age 71)
  • John M. Perlowski, President, Chief Executive Officer (Age 53)
  • Karen P. Robards, Independent Vice Chairman of the Board of Trustee (Age 67)
  • Neal J. Andrews, Chief Financial Officer (Age 51)
  • Brian P. Kindelan, Chief Compliance Officer (Age 58)
  • Anne F. Ackerley, Vice President (Age 55)
  • Robert W. Crothers, Vice President (Age 36)
  • Brendan Kyne, Vice President (Age 40)
  • Jay M. Fife, Treasurer (Age 47)
  • Janey Ahn, Secretary (Age 42)

Who owns Blackrock Muniyield Michign Qulty Fd stock?

Blackrock Muniyield Michign Qulty Fd's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Sit Investment Associates Inc. (1.40%), Well Done LLC (0.65%), Starfire Investment Advisers Inc. (0.26%), Raymond James & Associates (0.25%), Cambridge Investment Research Advisors Inc. (0.10%) and Raymond James Financial Services Advisors Inc. (0.06%). View Institutional Ownership Trends for Blackrock Muniyield Michign Qulty Fd.

Who sold Blackrock Muniyield Michign Qulty Fd stock? Who is selling Blackrock Muniyield Michign Qulty Fd stock?

Blackrock Muniyield Michign Qulty Fd's stock was sold by a variety of institutional investors in the last quarter, including IFP Advisors Inc and Raymond James & Associates. View Insider Buying and Selling for Blackrock Muniyield Michign Qulty Fd.

Who bought Blackrock Muniyield Michign Qulty Fd stock? Who is buying Blackrock Muniyield Michign Qulty Fd stock?

Blackrock Muniyield Michign Qulty Fd's stock was bought by a variety of institutional investors in the last quarter, including Starfire Investment Advisers Inc., Sit Investment Associates Inc., Cambridge Investment Research Advisors Inc., Well Done LLC, Barrett Asset Management LLC and Raymond James Financial Services Advisors Inc.. View Insider Buying and Selling for Blackrock Muniyield Michign Qulty Fd.

How do I buy Blackrock Muniyield Michign Qulty Fd stock?

Shares of Blackrock Muniyield Michign Qulty Fd can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Blackrock Muniyield Michign Qulty Fd's stock price today?

One share of Blackrock Muniyield Michign Qulty Fd stock can currently be purchased for approximately $13.38.

How big of a company is Blackrock Muniyield Michign Qulty Fd?

Blackrock Muniyield Michign Qulty Fd has a market capitalization of $394.87 million.


MarketBeat Community Rating for Blackrock Muniyield Michign Qulty Fd (MIY)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  46 (Vote Outperform)
Underperform Votes:  41 (Vote Underperform)
Total Votes:  87
MarketBeat's community ratings are surveys of what our community members think about Blackrock Muniyield Michign Qulty Fd and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Blackrock Muniyield Michign Qulty Fd (NYSE:MIY) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Earnings History for Blackrock Muniyield Michign Qulty Fd (NYSE:MIY)


No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Blackrock Muniyield Michign Qulty Fd (NYSE:MIY) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Blackrock Muniyield Michign Qulty Fd (NYSE:MIY) Dividend Information

Next Dividend:3/1/2018
Annual Dividend:$0.75
Dividend Yield:5.61%
Dividend Growth:-10.30% (3 Year Average)
Payout Ratio:
Frequency:Monthly Dividend
Dividend Payments by Quarter for Blackrock Muniyield Michign Qulty Fd (NYSE:MIY)

Blackrock Muniyield Michign Qulty Fd (NYSE:MIY) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/5/2018monthly$0.065.17%2/14/20182/15/20183/1/2018
1/3/2018monthly$0.064.91%1/12/20181/16/20182/1/2018
12/4/2017special$0.004.85%12/11/201712/12/201712/29/2017
11/2/2017monthly$0.065.48%11/14/201711/15/201712/1/2017
10/3/2017monthly$0.065.52%10/13/201710/16/201711/1/2017
9/5/2017monthly$0.065.45%9/14/20179/15/201710/2/2017
8/3/2017monthly$0.065.39%8/11/20178/15/20179/1/2017
7/5/2017monthly$0.065.44%7/12/20177/14/20178/1/2017
6/2/2017monthly$0.065.46%6/13/20176/15/20177/3/2017
5/2/2017monthly$0.065.55%5/11/20175/15/20176/1/2017
4/4/2017monthly$0.065.64%4/11/20174/13/20175/1/2017
3/2/2017monthly$0.065.64%3/13/20173/15/20174/3/2017
2/15/2017monthly$0.065.67%2/13/20172/15/20173/1/2017
1/4/2017monthly$0.065.61%1/11/20171/13/20172/1/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Blackrock Muniyield Michign Qulty Fd (NYSE MIY)

No insider trades for this company have been tracked by MarketBeat.com

Headlines

Blackrock Muniyield Michign Qulty Fd (NYSE MIY) News Headlines

Source:
DateHeadline
Blackrock Muniyield Michign Qulty Fd Inc (MIY) Announces $0.06 Monthly DividendBlackrock Muniyield Michign Qulty Fd Inc (MIY) Announces $0.06 Monthly Dividend
www.americanbankingnews.com - February 5 at 6:46 PM
Blackrock Muniyield Michign Qulty Fd Inc Plans Monthly Dividend of $0.06 (MIY)Blackrock Muniyield Michign Qulty Fd Inc Plans Monthly Dividend of $0.06 (MIY)
www.americanbankingnews.com - January 3 at 6:54 PM
Blackrock Muniyield Michign Qulty Fd Inc Plans Special Dividend of $0.00 (MIY)Blackrock Muniyield Michign Qulty Fd Inc Plans Special Dividend of $0.00 (MIY)
www.americanbankingnews.com - December 4 at 6:56 PM
BR-MUNIYLD MI I (MIY) Plans Monthly Dividend of $0.06BR-MUNIYLD MI I (MIY) Plans Monthly Dividend of $0.06
www.americanbankingnews.com - November 2 at 6:36 PM
BR-MUNIYLD MI I (MIY) to Issue $0.06 Monthly DividendBR-MUNIYLD MI I (MIY) to Issue $0.06 Monthly Dividend
www.americanbankingnews.com - October 3 at 6:58 PM
BR-MUNIYLD MI I (MIY) Declares $0.06 Monthly DividendBR-MUNIYLD MI I (MIY) Declares $0.06 Monthly Dividend
www.americanbankingnews.com - July 5 at 8:28 PM
Moodys affirms Aa2 long term rating of VRDP shares issued by BlackRock MuniYield Michigan Quality Fund, Inc.Moody's affirms Aa2 long term rating of VRDP shares issued by BlackRock MuniYield Michigan Quality Fund, Inc.
www.moodys.com - September 14 at 11:33 AM

SEC Filings

Blackrock Muniyield Michign Qulty Fd (NYSE:MIY) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

Blackrock Muniyield Michign Qulty Fd (NYSE MIY) Stock Chart for Saturday, February, 24, 2018

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This page was last updated on 2/24/2018 by MarketBeat.com Staff

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