BlackRock MuniYield Michigan Quality Fund, Inc.
MIYFinancial Services · Stock · monthly payer
$12.06
Add to PortfolioForward Yield
5.42%
Annual Dividend
$0.65
Payout Ratio
192%
5-Yr Growth
1.5%
Ex-Date
Jun 15, 2026
Frequency
Monthly
Dividend Growth
Total dividends per share by year
What is MIY?
BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) is a Financial Services company that pays a monthly dividend currently yielding about 5.42%. Below is its full dividend history, growth record and key data for income investors.
Advantages
- 1.5% 5-yr dividend growth rate
Risks
- Elevated payout ratio (192.35%) — less cushion
- Short dividend growth history
Key Data
- Dividend Yield
- 5.42%
- Payout Ratio
- 192%
- Annual Dividend
- $0.65
- 5-Yr Avg Growth
- 1.5%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.48
- Market Cap
- $349.3M
- P/E Ratio
- 35.5
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.0550 | regular |
| Apr 15, 2026 | — | $0.0550 | regular |
| Mar 13, 2026 | — | $0.0550 | regular |
| Feb 13, 2026 | — | $0.0550 | regular |
| Jan 20, 2026 | — | $0.0550 | regular |
| Dec 22, 2025 | — | $0.0550 | regular |
| Nov 14, 2025 | — | $0.0550 | regular |
| Oct 15, 2025 | — | $0.0550 | regular |
| Sep 15, 2025 | — | $0.0550 | regular |
| Aug 15, 2025 | — | $0.0550 | regular |
| Jul 15, 2025 | — | $0.0550 | regular |
| Jun 13, 2025 | — | $0.0550 | regular |
| May 15, 2025 | — | $0.0550 | regular |
| Apr 15, 2025 | — | $0.0550 | regular |
Income Calculator
At $0.65 / yr per share
Per payment (monthly)$5.42
Annual$65.00
Monthly avg$5.42
