Dividend Update: BlackRock MuniYield Michigan Quality Fund (MIY) - Key Information Before Aug 15th, 2025

Generated by AI AgentAinvest Dividend Digest
Monday, Aug 11, 2025 7:43 pm ET1min read
MIY--
Aime RobotAime Summary

- BlackRock MuniYield Michigan Quality Fund (MIY) declared a $0.055/share cash dividend, down from its 10-year average of $0.065.

- Ex-dividend date set for Aug 15, 2025, with payment on Sept 2, 2025; investors must hold shares by this date to qualify.

- Recent stock price fluctuated between $11.31 and $11.32, while key figure David H. Walsh's ownership of five BlackRock funds raises strategic influence concerns.

- Analysts emphasize tracking MIY's dividend history and performance as critical factors for informed investment decisions.

BlackRock MuniYield Michigan Quality Fund (MIY) has announced a cash dividend of $0.055 per share, with an ex-dividend date set for Aug 15th, 2025, and a dividend payment date scheduled for Sept 2nd, 2025. This dividend represents a decrease compared to the average of the last 10 dividends, which stood at $0.065 per share. The dividend was announced on Aug 1st, 2025, following a previous dividend on Jul 31st, 2025, also at $0.055 per share. Both dividends are categorized as cash dividends.

Recently, BlackRock MuniYield Michigan Quality Fund has been highlighted in several news reports. Analysts have reported that the stock price of the fund reached a high of $11.32 and a low of $11.31 as of Aug 9th, 2025. In another development, industry experts have indicated that David H Walsh, a key figure associated with the fund, owns five companies, including other BlackRock municipalBYM-- funds, which may influence strategic decisions. Over the past few days, financial analysts have emphasized the significance of keeping abreast of BlackRock MuniYield Michigan Quality Fund's dividend history, current yield, and historical performance, as these factors are crucial for informed investment decisions.

In conclusion, investors interested in securing dividends from BlackRock MuniYield Michigan Quality Fund should note that Aug 15th, 2025, is the ex-dividend date. This date marks the last opportunity for investors to purchase shares and qualify for the dividend payout. Any purchases made after this date will not be eligible for the current dividend.

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