贝莱德 MuniYield 密歇根质量基金公司（MIY）将于2月1日发行0.04美元的月度股息

BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY – Get Rating) declared a monthly dividend on Thursday, January 5th, investing.com reports. Shareholders of record on Friday, January 13th will be given a dividend of 0.0405 per share by the financial services provider on Wednesday, February 1st. This represents a $0.49 annualized dividend and a yield of 4.21%. The ex-dividend date is Thursday, January 12th.

BlackRock MuniYield Michigan Quality Fund has decreased its dividend payment by an average of 1.7% per year over the last three years.

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BlackRock MuniYield Michigan Quality Fund Stock Up 0.9 %

BlackRock MuniYield Michigan Quality Fund stock opened at $11.54 on Tuesday. The business has a 50 day moving average price of $11.21 and a two-hundred day moving average price of $12.37. BlackRock MuniYield Michigan Quality Fund has a 12 month low of $10.56 and a 12 month high of $15.13.

Hedge Funds Weigh In On BlackRock MuniYield Michigan Quality Fund

Several large investors have recently added to or reduced their stakes in MIY. Wells Fargo & Company MN grew its stake in shares of BlackRock MuniYield Michigan Quality Fund by 36.5% in the 2nd quarter. Wells Fargo & Company MN now owns 219,290 shares of the financial services provider's stock valued at $2,883,000 after purchasing an additional 58,589 shares during the period. Bank of America Corp DE grew its stake in shares of BlackRock MuniYield Michigan Quality Fund by 13.1% in the 1st quarter. Bank of America Corp DE now owns 276,933 shares of the financial services provider's stock valued at $3,548,000 after purchasing an additional 32,102 shares during the period. Walleye Capital LLC bought a new stake in shares of BlackRock MuniYield Michigan Quality Fund in the 1st quarter valued at approximately $231,000. Virtu Financial LLC bought a new stake in shares of BlackRock MuniYield Michigan Quality Fund in the 1st quarter valued at approximately $185,000. Finally, Bank of Montreal Can bought a new stake in shares of BlackRock MuniYield Michigan Quality Fund in the 1st quarter valued at approximately $180,000. Institutional investors and hedge funds own 15.96% of the company's stock.

BlackRock MuniYield Michigan Quality Fund Company Profile

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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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