MIY vs. CET, GAM, QQQX, MUC, MFIC, HQH, MQY, SLRC, MYI, and PHK
Should you be buying BlackRock MuniYield Michigan Quality Fund stock or one of its competitors? The main competitors of BlackRock MuniYield Michigan Quality Fund include Central Securities (CET), General American Investors (GAM), Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX), BlackRock MuniHoldings California Quality Fund (MUC), MidCap Financial Investment (MFIC), Abrdn Healthcare Investors (HQH), BlackRock MuniYield Quality Fund (MQY), SLR Investment (SLRC), BlackRock MuniYield Quality Fund III (MYI), and PIMCO High Income Fund (PHK). These companies are all part of the "investment offices, not elsewhere classified" industry.
BlackRock MuniYield Michigan Quality Fund (NYSE:MIY) and Central Securities (NYSE:CET) are both small-cap finance companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, analyst recommendations, valuation, media sentiment, profitability, earnings, risk and community ranking.
BlackRock MuniYield Michigan Quality Fund has a beta of 0.42, suggesting that its share price is 58% less volatile than the S&P 500. Comparatively, Central Securities has a beta of 0.87, suggesting that its share price is 13% less volatile than the S&P 500.
BlackRock MuniYield Michigan Quality Fund pays an annual dividend of $0.51 per share and has a dividend yield of 4.4%. Central Securities pays an annual dividend of $1.85 per share and has a dividend yield of 4.3%.
In the previous week, BlackRock MuniYield Michigan Quality Fund had 1 more articles in the media than Central Securities. MarketBeat recorded 2 mentions for BlackRock MuniYield Michigan Quality Fund and 1 mentions for Central Securities. Central Securities' average media sentiment score of 1.56 beat BlackRock MuniYield Michigan Quality Fund's score of 0.24 indicating that Central Securities is being referred to more favorably in the news media.
BlackRock MuniYield Michigan Quality Fund received 82 more outperform votes than Central Securities when rated by MarketBeat users.
24.2% of BlackRock MuniYield Michigan Quality Fund shares are held by institutional investors. Comparatively, 8.7% of Central Securities shares are held by institutional investors. 1.0% of BlackRock MuniYield Michigan Quality Fund shares are held by insiders. Comparatively, 10.3% of Central Securities shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Summary
BlackRock MuniYield Michigan Quality Fund beats Central Securities on 4 of the 7 factors compared between the two stocks.
Get BlackRock MuniYield Michigan Quality Fund News Delivered to You Automatically
Sign up to receive the latest news and ratings for MIY and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding MIY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
BlackRock MuniYield Michigan Quality Fund Competitors List
Related Companies and Tools
