BlackRock MuniYield Quality Fund II, Inc. (MQT) to Issue Monthly Dividend of $0.05 on March 2nd

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Friday, February 6th will be paid a dividend of 0.051 per share by the investment management company on Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date is Friday, February 6th.

BlackRock MuniYield Quality Fund II Price Performance

Shares of MQT stock traded down $0.03 during trading hours on Wednesday, reaching $10.27. 47,957 shares of the company were exchanged, compared to its average volume of 54,660. BlackRock MuniYield Quality Fund II has a fifty-two week low of $9.05 and a fifty-two week high of $10.40. The stock’s fifty day moving average is $10.05 and its two-hundred day moving average is $9.92.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Wolverine Asset Management LLC raised its position in shares of BlackRock MuniYield Quality Fund II by 23.7% during the fourth quarter. Wolverine Asset Management LLC now owns 106,835 shares of the investment management company’s stock worth $1,074,000 after acquiring an additional 20,469 shares during the last quarter. Verdence Capital Advisors LLC acquired a new stake in BlackRock MuniYield Quality Fund II in the fourth quarter worth about $126,000. River Street Advisors LLC bought a new stake in BlackRock MuniYield Quality Fund II during the 4th quarter worth about $121,000. Stratos Wealth Partners LTD. lifted its position in BlackRock MuniYield Quality Fund II by 25.1% during the 4th quarter. Stratos Wealth Partners LTD. now owns 32,571 shares of the investment management company’s stock valued at $327,000 after purchasing an additional 6,544 shares during the period. Finally, Dakota Wealth Management acquired a new position in BlackRock MuniYield Quality Fund II during the 4th quarter valued at about $113,000. 30.75% of the stock is currently owned by institutional investors.

About BlackRock MuniYield Quality Fund II

BlackRock MuniYield Quality Fund II (NYSE: MQT) is a closed-end management investment company that seeks to provide shareholders with high current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of investment-grade municipal obligations, including bonds, notes and other debt instruments issued by state and local governments across the United States. Its investment approach emphasizes high-credit-quality, tax-exempt securities aimed at preserving capital while delivering tax-advantaged income.

Managed by BlackRock Fund Advisors, a subsidiary of BlackRock, Inc, MQT leverages the firm’s experienced municipal bond team to conduct credit research, portfolio construction and risk management.