DIVIDEND ANNOUNCEMENT: BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY) on 03/01/2022 declared a dividend of $0.0560 per share

BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY) on 03/01/2022 declared a dividend of $ 0.0560 per share payable on April 01, 2022 to shareholders of record as of March 15, 2022.

BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY) has paid dividends since 1993, has a current dividend yield of 4.9629631042% and has increased its dividends for 2 successive years.

BlackRock MuniYield Michigan Quality Fund, Inc.'s market cap is $ 245,106,000 and has a PE ratio of 19.85. The stock price closed yesterday at $ 13.50 and has a 52 week low/high of $ 13.10 and $ 16.00.

BlackRock MuniYield Michigan Quality is a closed-end management investment company. The Fund's investment objective is to provide shareholders with as higher a level of current income exempt from United States federal and Michigan income taxes as is consistent with its investment policies and investment management. The Fund seeks to achieve its investment objective by investing at least 80% of its assets in municipal obligations exempt from United States federal income taxes (except that the interest may be subject to the United States federal alternative minimum tax) and Michigan income taxes.

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