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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. BlackRock MuniYield Michigan Quality Fund, Inc. was formed on October 30, 1992 and is domiciled in the United States.

BlackRock MuniYield Michigan Quality Fund Dividend Announcement

BlackRock MuniYield Michigan Quality Fund announced a monthly dividend of $0.05 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-15
BlackRock MuniYield Michigan Quality Fund annual dividend for 2024 was $0.53
BlackRock MuniYield Michigan Quality Fund annual dividend for 2023 was $0.44
BlackRock MuniYield Michigan Quality Fund's trailing twelve-month (TTM) dividend yield is 4.89%
BlackRock MuniYield Michigan Quality Fund's payout ratio for the trailing twelve months (TTM) is 73.68%
BlackRock MuniYield Michigan Quality Fund's dividend growth over the last five years (2018-2023) was -7.70% year
BlackRock MuniYield Michigan Quality Fund's dividend growth over the last ten years (2013-2023) was -7.11% year

BlackRock MuniYield Michigan Quality Fund Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-15$0.05monthly2024-12-02
2024-10-15$0.05monthly2024-11-01
2024-09-16$0.05monthly2024-10-01
2024-08-15$0.05monthly2024-09-03
2024-07-15$0.05monthly2024-08-01
2024-06-14$0.05monthly2024-07-01
2024-05-14$0.05monthly2024-06-03
2024-04-12$0.05monthly2024-05-01
2024-03-14$0.05monthly2024-04-01
2024-02-14$0.05monthly2024-03-01
2024-01-11$0.05monthly2024-02-01
2023-12-14$0.05monthly2023-12-29
2023-11-14$0.03monthly2023-12-01
2023-10-13$0.03monthly2023-11-01
2023-09-14$0.03monthly2023-10-02
2023-08-14$0.03monthly2023-09-01
2023-07-13$0.03monthly2023-07-31
2023-06-14$0.03monthly2023-07-03
2023-05-12$0.03monthly2023-06-01
2023-04-13$0.03monthly2023-05-01
2023-03-14$0.03monthly2023-04-03
2023-02-14$0.04monthly2023-03-01
2023-01-12$0.04monthly2023-02-01
2022-12-15$0.04monthly2022-12-30
2022-11-14$0.04monthly2022-12-01
2022-10-13$0.04monthly2022-11-01
2022-09-14$0.06monthly2022-10-03
2022-08-12$0.06monthly2022-09-01
2022-07-14$0.06monthly2022-08-01
2022-06-14$0.06monthly2022-07-01
2022-05-13$0.06monthly2022-06-01
2022-04-13$0.06monthly2022-05-02
2022-03-14$0.06monthly2022-04-01
2022-02-14$0.06monthly2022-03-01
2022-01-13$0.06monthly2022-02-01
2021-12-16$0.06monthly2021-12-31
2021-11-12$0.06monthly2021-12-01
2021-10-14$0.06monthly2021-11-01
2021-09-14$0.06monthly2021-10-01
2021-08-13$0.06monthly2021-09-01
2021-07-14$0.06monthly2021-08-02
2021-06-14$0.06monthly2021-07-01
2021-05-13$0.06monthly2021-06-01
2021-04-14$0.06monthly2021-05-03
2021-03-12$0.06monthly2021-04-01
2021-02-12$0.06monthly2021-03-01
2021-01-14$0.06monthly2021-02-01
2020-12-14$0.06monthly2020-12-31
2020-11-13$0.06monthly2020-12-01
2020-10-14$0.06monthly2020-11-02
2020-09-14$0.05monthly2020-10-01
2020-08-13$0.05monthly2020-09-01
2020-07-14$0.05monthly2020-08-03
2020-06-12$0.05monthly2020-07-01
2020-05-14$0.05monthly2020-06-01
2020-04-14$0.05monthly2020-05-01
2020-03-13$0.05monthly2020-04-01
2020-02-13$0.05monthly2020-03-02
2020-01-14$0.05monthly2020-02-03
2019-12-13$0.05monthly2019-12-31
2019-11-14$0.05monthly2019-12-02
2019-10-11$0.05monthly2019-11-01
2019-09-13$0.05monthly2019-10-01
2019-08-14$0.05monthly2019-09-03
2019-07-12$0.05monthly2019-08-01
2019-06-13$0.05monthly2019-07-01
2019-05-14$0.05monthly2019-06-03
2019-04-12$0.05monthly2019-05-01
2019-03-14$0.05monthly2019-04-01
2019-02-14$0.05monthly2019-03-01
2019-01-14$0.05monthly2019-02-01
2018-12-12$0.05monthly2018-12-31
2018-11-14$0.05monthly2018-12-03
2018-10-12$0.05monthly2018-11-01
2018-09-13$0.05monthly2018-10-01
2018-08-14$0.05monthly2018-09-04
2018-07-13$0.05monthly2018-08-01
2018-06-14$0.06monthly2018-07-02
2018-05-14$0.06monthly2018-06-01
2018-04-13$0.06monthly2018-05-01
2018-03-14$0.06monthly2018-04-02
2018-02-14$0.06monthly2018-03-01
2018-01-12$0.06monthly2018-02-01
2017-12-11$0.06monthly2017-12-29
2017-11-14$0.06monthly2017-12-01
2017-10-13$0.06monthly2017-11-01
2017-09-14$0.06monthly2017-10-02
2017-08-11$0.06monthly2017-09-01
2017-07-12$0.06monthly2017-08-01
2017-06-13$0.06monthly2017-07-03
2017-05-11$0.06monthly2017-06-01
2017-04-11$0.06monthly2017-05-01
2017-03-13$0.06monthly2017-04-03
2017-02-13$0.06monthly2017-03-01
2017-01-11$0.06monthly2017-02-01
2016-12-08$0.07monthly2016-12-30
2016-11-10$0.06monthly2016-12-01
2016-10-12$0.06monthly2016-11-01
2016-09-13$0.06monthly2016-10-03
2016-08-11$0.06monthly2016-09-01
2016-07-13$0.06monthly2016-08-01
2016-06-13$0.06monthly2016-07-01
2016-05-12$0.07monthly2016-06-01
2016-04-13$0.07monthly2016-05-02
2016-03-11$0.07monthly2016-04-01
2016-02-11$0.07monthly2016-03-01
2016-01-13$0.07monthly2016-02-01
2015-12-10$0.07monthly2015-12-31
2015-11-12$0.07monthly2015-12-01
2015-10-13$0.03monthly2015-11-02
2015-09-09$0.12monthly2015-11-02
2015-08-12$0.07monthly2015-09-01
2015-07-13$0.07monthly2015-08-03
2015-06-11$0.07monthly2015-07-01
2015-05-13$0.07monthly2015-06-01
2015-04-13$0.07monthly2015-05-01
2015-03-11$0.07monthly2015-04-01
2015-02-11$0.07monthly2015-03-02
2015-01-13$0.07monthly2015-02-02
2014-12-10$0.07monthly2014-12-31
2014-11-12$0.07monthly2014-12-01
2014-10-10$0.07monthly2014-11-03
2014-09-11$0.07monthly2014-10-01
2014-08-13$0.07monthly2014-09-02
2014-07-11$0.07monthly2014-08-01
2014-06-12$0.07monthly2014-07-01
2014-05-13$0.07monthly2014-06-02
2014-04-11$0.07monthly2014-05-01
2014-03-12$0.07monthly2014-04-01
2014-02-12$0.07monthly2014-03-03
2014-01-13$0.07monthly2014-02-03
2013-12-11$0.07monthly2013-12-31
2013-11-13$0.08monthly2013-12-02
2013-10-11$0.08monthly2013-11-01
2013-09-12$0.08monthly2013-10-01
2013-08-13$0.08monthly2013-09-03
2013-07-11$0.08monthly2013-08-01
2013-06-12$0.08monthly2013-07-01
2013-05-13$0.08monthly2013-06-03
2013-04-11$0.08monthly2013-05-01
2013-03-13$0.08monthly2013-04-01
2013-02-13$0.08monthly2013-03-01
2013-01-11$0.08monthly2013-02-01

BlackRock MuniYield Michigan Quality Fund Dividend per year

BlackRock MuniYield Michigan Quality Fund Dividend growth

BlackRock MuniYield Michigan Quality Fund Dividend Yield

BlackRock MuniYield Michigan Quality Fund current trailing twelve-month (TTM) dividend yield is 4.89%. Interested in purchasing BlackRock MuniYield Michigan Quality Fund stock? Use our calculator to estimate your expected dividend yield:

BlackRock MuniYield Michigan Quality Fund Financial Ratios

P/E ratio18.56
PEG ratio0.02
P/B ratio0.90
ROE4.82%
Payout ratio73.68%
Current ratio8.04
Quick ratio8.04
Cash Ratio7.28

BlackRock MuniYield Michigan Quality Fund Dividend FAQ

How much is the next BlackRock MuniYield Michigan Quality Fund dividend?
BlackRock MuniYield Michigan Quality Fund's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next BlackRock MuniYield Michigan Quality Fund dividend. The next BlackRock MuniYield Michigan Quality Fund dividend will be released in January, February, March, April, May, June, July, August, September, October, November, or December.
When is BlackRock MuniYield Michigan Quality Fund dividend paid?
BlackRock MuniYield Michigan Quality Fund pays dividends on a monthly basis. The specific dates may vary each year but are generally around January, February, March, April, May, June, July, August, September, October, November, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does BlackRock MuniYield Michigan Quality Fund pay?
The specific amount of BlackRock MuniYield Michigan Quality Fund dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find BlackRock MuniYield Michigan Quality Fund's dividend history.
Does BlackRock MuniYield Michigan Quality Fund stock pay dividends?
Yes, BlackRock MuniYield Michigan Quality Fund does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find BlackRock MuniYield Michigan Quality Fund's dividend history.
How much dividend does BlackRock MuniYield Michigan Quality Fund pay?
BlackRock MuniYield Michigan Quality Fund paid $0.528 in 2024, $0.438 in 2023, $0.633 in 2022, $0.672 in 2021, and $0.617 in 2020.
How often does BlackRock MuniYield Michigan Quality Fund pay dividends?
BlackRock MuniYield Michigan Quality Fund typically pays dividends on a monthly basis. This means that dividends are usually distributed 12 times a year. The specific payout dates may vary each year but generally fall around January, February, March, April, May, June, July, August, September, October, November, and December.
What is BlackRock MuniYield Michigan Quality Fund's dividend yield?
The current dividend yield for BlackRock MuniYield Michigan Quality Fund is 4.89%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate BlackRock MuniYield Michigan Quality Fund's exact dividend yield.
When does BlackRock MuniYield Michigan Quality Fund go ex dividend?
BlackRock MuniYield Michigan Quality Fund's ex-dividend date for the latest dividend was on 2024-11-15. BlackRock MuniYield Michigan Quality Fund typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next BlackRock MuniYield Michigan Quality Fund dividend paid?
BlackRock MuniYield Michigan Quality Fund pays dividends on a monthly basis, typically around January, February, March, April, May, June, July, August, September, October, November, or December, but the exact dates can vary each year.
Will BlackRock MuniYield Michigan Quality Fund increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether BlackRock MuniYield Michigan Quality Fund will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is BlackRock MuniYield Michigan Quality Fund dividend per share?
BlackRock MuniYield Michigan Quality Fund paid $0.528 per share in 2024 and $0.438 per share in 2023. The amount of dividend per share that BlackRock MuniYield Michigan Quality Fund pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is BlackRock MuniYield Michigan Quality Fund a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is BlackRock MuniYield Michigan Quality Fund a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is BlackRock MuniYield Michigan Quality Fund a dividend stock?
Yes, BlackRock MuniYield Michigan Quality Fund is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is BlackRock MuniYield Michigan Quality Fund a good dividend stock?
Whether BlackRock MuniYield Michigan Quality Fund is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. BlackRock MuniYield Michigan Quality Fund has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating BlackRock MuniYield Michigan Quality Fund as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does BlackRock MuniYield Michigan Quality Fund pay dividends monthly?
BlackRock MuniYield Michigan Quality Fund typically pays dividends on a monthly basis.
Does BlackRock MuniYield Michigan Quality Fund pay dividends quarterly?
BlackRock MuniYield Michigan Quality Fund currently pays dividends on a monthly basis.
Has BlackRock MuniYield Michigan Quality Fund ever paid a dividend?
Yes, BlackRock MuniYield Michigan Quality Fund has a history of paying dividends to its shareholders. BlackRock MuniYield Michigan Quality Fund is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy BlackRock MuniYield Michigan Quality Fund dividend stocks?
To buy BlackRock MuniYield Michigan Quality Fund you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy BlackRock MuniYield Michigan Quality Fund stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does BlackRock MuniYield Michigan Quality Fund pay dividends 2024?
BlackRock MuniYield Michigan Quality Fund pays dividends on a monthly basis. 2024 dividend payments are in 2024-12-02. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will BlackRock MuniYield Michigan Quality Fund increase its dividend in 2024?
Decisions regarding BlackRock MuniYield Michigan Quality Fund dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date BlackRock MuniYield Michigan Quality Fund dividend overview you can look into the above table of dividend history.
How BlackRock MuniYield Michigan Quality Fund dividend works?
The BlackRock MuniYield Michigan Quality Fund dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how BlackRock MuniYield Michigan Quality Fund's dividend process works:

1. Determination of Dividend: BlackRock MuniYield Michigan Quality Fund's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, BlackRock MuniYield Michigan Quality Fund publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, BlackRock MuniYield Michigan Quality Fund distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from BlackRock MuniYield Michigan Quality Fund are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are BlackRock MuniYield Michigan Quality Fund dividends paid?
BlackRock MuniYield Michigan Quality Fund dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: BlackRock MuniYield Michigan Quality Fund sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, BlackRock MuniYield Michigan Quality Fund distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: BlackRock MuniYield Michigan Quality Fund declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does BlackRock MuniYield Michigan Quality Fund pay dividends?
BlackRock MuniYield Michigan Quality Fund typically pays dividends on a monthly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does BlackRock MuniYield Michigan Quality Fund pay dividends?
The general pattern is that BlackRock MuniYield Michigan Quality Fund pays dividends around January, February, March, April, May, June, July, August, September, October, November, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is BlackRock MuniYield Michigan Quality Fund dividend safe?
The safety of BlackRock MuniYield Michigan Quality Fund's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of BlackRock MuniYield Michigan Quality Fund's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review BlackRock MuniYield Michigan Quality Fund's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.