BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) To Go Ex-Dividend on January 15th

BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.0545 per share by the financial services provider on Monday, February 3rd. This represents a $0.65 annualized dividend and a yield of 5.77%. The ex-dividend date of this dividend is Wednesday, January 15th.

BlackRock MuniYield Michigan Quality Fund has decreased its dividend by an average of 4.7% per year over the last three years.

BlackRock MuniYield Michigan Quality Fund Stock Performance

BlackRock MuniYield Michigan Quality Fund stock opened at $11.33 on Monday. BlackRock MuniYield Michigan Quality Fund has a 52-week low of $10.96 and a 52-week high of $12.11. The stock’s 50 day moving average price is $11.59 and its two-hundred day moving average price is $11.68.

About BlackRock MuniYield Michigan Quality Fund

BlackRock MuniYield Michigan Quality Fund, Inc is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade, long-term municipal obligations exempt from federal income taxes and Michigan income taxes.