DIVIDEND ANNOUNCEMENT: BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY) on 01/02/2020 declared a dividend of $0.0490 per share

BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY) on 01/02/2020 declared a dividend of $ 0.0490 per share payable on February 03, 2020 to shareholders of record as of January 15, 2020.

BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY) has paid dividends since 1993, has a current dividend yield of 4.2268404961% and has increased its dividends for 0 successive years.

BlackRock MuniYield Michigan Quality Fund, Inc.'s market cap is $ 257,724,420 and has a PE ratio of 22.90. The stock price closed yesterday at $ 14.19 and has a 52 week low/high of $ 12.45 and $ 14.54.

BlackRock MuniYield Michigan Quality Fund is a non-diversified, closed-end management investment company. The Fund's investment objective is to provide shareholders with as high a level of current income exempt from federal and Michigan income taxes as is consistent with its investment policies and prudent investment management. The Fund seeks to achieve its investment objective by investing at least 80% of its assets in municipal obligations exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax) and Michigan income taxes. As of Jul 31 2017, the Fund's total assets were $745,033,966 and the investment portfolio totaled $736,226,847.

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