BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) to Distribute Monthly Dividend of $0.05 on December 1st

BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY) announced a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, November 13th will be given a dividend of $0.0545 per share by the financial services provider on Tuesday, December 1st. This represents a $0.65 annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend is Friday, November 13th.

BlackRock MuniYield Michigan Quality Fund Stock Performance

MIY opened at $12.09 on Wednesday. BlackRock MuniYield Michigan Quality Fund has a twelve month low of $11.01 and a twelve month high of $12.90. The business has a 50 day moving average price of $11.91 and a 200 day moving average price of $12.12.

About BlackRock MuniYield Michigan Quality Fund

BlackRock MuniYield Michigan Quality Fund, Inc. is a closed-end investment company listed on the New York Stock Exchange under the symbol MIY. The fund seeks to provide investors with current income that is exempt from federal income tax and Michigan personal income tax, subject to applicable tax rules. The fund invests primarily in long-term municipal obligations issued by or on behalf of the state of Michigan, its municipalities, and other governmental entities. Its portfolio may include bonds financing public infrastructure and essential services, such as education, transportation, utilities, health care, and housing.