Blackrock Muniyield Michign Qulty Fd Inc (NYSE:MIY) announced a monthly dividend on Tuesday, April 2nd, Wall Street Journal reports. Investors of record on Monday, April 15th will be given a dividend of 0.052 per share by the financial services provider on Wednesday, May 1st. This represents a $0.62 dividend on an annualized basis and a dividend yield of 4.67%. The ex-dividend date of this dividend is Friday, April 12th.
Blackrock Muniyield Michign Qulty Fd has decreased its dividend payment by an average of 0.6% annually over the last three years.
Shares of MIY stock traded down $0.01 during trading hours on Wednesday, reaching $13.35. The stock had a trading volume of 2,770 shares, compared to its average volume of 39,668. Blackrock Muniyield Michign Qulty Fd has a twelve month low of $12.15 and a twelve month high of $13.52.
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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.
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