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

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Friday, February 6th will be given a dividend of 0.058 per share by the financial services provider on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date is Friday, February 6th.

BlackRock MuniYield Quality Fund Price Performance

Shares of MQY stock opened at $11.82 on Wednesday. BlackRock MuniYield Quality Fund has a 1-year low of $10.52 and a 1-year high of $12.10. The stock has a 50-day moving average of $11.45 and a 200-day moving average of $11.39.

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.