BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) to Issue Monthly Dividend of $0.06

by · The Cerbat Gem

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY – Get Free Report) announced a monthly dividend on Friday, February 27th. Stockholders of record on Friday, May 15th will be paid a dividend of 0.058 per share by the financial services provider on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date is Friday, May 15th.

BlackRock MuniYield Quality Fund Stock Down 0.6%

Shares of NYSE MQY opened at $11.44 on Wednesday. BlackRock MuniYield Quality Fund has a 1 year low of $10.78 and a 1 year high of $11.94. The stock’s 50-day simple moving average is $11.37 and its 200-day simple moving average is $11.47.

About BlackRock MuniYield Quality Fund

(Get Free Report)

BlackRock MuniYield Quality Fund (NYSE: MQY) is a closed-end investment company that seeks to provide shareholders with a high level of current income exempt from federal income tax. The fund pursues its objective by investing primarily in a diversified portfolio of investment-grade municipal securities, including bonds issued by states, municipalities and their agencies across the United States. MQY may employ leverage to enhance income, in line with its stated risk and return objectives.

As part of BlackRock’s suite of municipal bond offerings, MQY benefits from the firm’s municipal fixed-income research, trading capabilities and credit analysis.

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