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

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) announced a monthly dividend on Friday, December 12th. Investors of record on Monday, December 22nd will be paid a dividend of 0.058 per share by the financial services provider on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date is Monday, December 22nd.

BlackRock MuniYield Quality Fund Price Performance

MQY stock traded up $0.02 during trading on Friday, reaching $11.38. 365,850 shares of the company were exchanged, compared to its average volume of 284,174. The company has a 50-day moving average of $11.49 and a two-hundred day moving average of $11.28. BlackRock MuniYield Quality Fund has a twelve month low of $10.52 and a twelve month high of $12.10.

BlackRock MuniYield Quality Fund Company Profile

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.