BlackRock MuniYield Quality Fund II, Inc. (MQT) to Issue Monthly Dividend of $0.05 on December 31st

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) declared a monthly dividend on Friday, December 12th. Investors of record on Monday, December 22nd will be paid a dividend of 0.051 per share by the investment management company on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Monday, December 22nd.

BlackRock MuniYield Quality Fund II Price Performance

MQT stock traded up $0.02 during midday trading on Friday, hitting $10.02. 65,452 shares of the company’s stock were exchanged, compared to its average volume of 59,060. BlackRock MuniYield Quality Fund II has a 1-year low of $9.05 and a 1-year high of $10.40. The business has a 50-day simple moving average of $10.04 and a two-hundred day simple moving average of $9.80.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of MQT. Karpus Management Inc. boosted its stake in BlackRock MuniYield Quality Fund II by 307.9% during the second quarter. Karpus Management Inc. now owns 348,061 shares of the investment management company’s stock worth $3,355,000 after buying an additional 262,728 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of BlackRock MuniYield Quality Fund II by 16.3% in the 2nd quarter. Raymond James Financial Inc. now owns 612,604 shares of the investment management company’s stock worth $5,906,000 after acquiring an additional 85,832 shares during the last quarter. Wolverine Asset Management LLC boosted its position in shares of BlackRock MuniYield Quality Fund II by 118.7% during the 2nd quarter. Wolverine Asset Management LLC now owns 105,924 shares of the investment management company’s stock worth $1,021,000 after purchasing an additional 57,497 shares during the period. Retirement Planning Co of New England Inc. acquired a new stake in BlackRock MuniYield Quality Fund II in the 1st quarter valued at approximately $420,000. Finally, Yakira Capital Management Inc. purchased a new stake in BlackRock MuniYield Quality Fund II in the third quarter valued at approximately $323,000. Institutional investors and hedge funds own 30.75% of the company’s stock.

About BlackRock MuniYield Quality Fund II

BlackRock MuniYield Quality Fund II (NYSE: MQT) is a closed-end management investment company that seeks to provide shareholders with high current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of investment-grade municipal obligations, including bonds, notes and other debt instruments issued by state and local governments across the United States. Its investment approach emphasizes high-credit-quality, tax-exempt securities aimed at preserving capital while delivering tax-advantaged income.

Managed by BlackRock Fund Advisors, a subsidiary of BlackRock, Inc, MQT leverages the firm’s experienced municipal bond team to conduct credit research, portfolio construction and risk management.