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

by · The Cerbat Gem

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY – Get Free Report) announced a monthly dividend on Friday, June 5th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.058 per share by the financial services provider on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date is Tuesday, September 15th.

BlackRock MuniYield Quality Fund Price Performance

Shares of NYSE:MQY opened at $10.60 on Friday. The firm has a fifty day moving average price of $11.23 and a two-hundred day moving average price of $11.34. BlackRock MuniYield Quality Fund has a one year low of $10.52 and a one year high of $11.94.

About BlackRock MuniYield Quality Fund

(Get Free Report)

BlackRock MuniYield Quality Fund, Inc is a closed-end management investment company listed on the New York Stock Exchange under the symbol MQY. The fund seeks to provide current income that is exempt from regular U.S. federal income tax by investing primarily in a portfolio of municipal obligations issued by states, territories, municipalities and other governmental entities.

The fund generally invests in longer-term municipal bonds and may allocate assets across various sectors of the municipal market, including essential-service areas such as education, health care, transportation, utilities and public infrastructure.

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