BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY – Get Free Report)’s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $10.96 and traded as low as $10.68. BlackRock MuniYield Michigan Quality Fund shares last traded at $10.72, with a volume of 20,554 shares.
BlackRock MuniYield Michigan Quality Fund Stock Performance
The business has a 50 day moving average price of $10.96 and a 200-day moving average price of $11.05.
BlackRock MuniYield Michigan Quality Fund Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Friday, September 1st. Investors of record on Tuesday, August 15th will be issued a dividend of $0.0345 per share. This represents a $0.41 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date is Monday, August 14th.
Institutional Inflows and Outflows
BlackRock MuniYield Michigan Quality Fund Company Profile
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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