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BlackRock MuniYield Michigan Quality Fund, Inc. MIY · Stock Open BlackRock MuniYield Michigan Quality Fund, Inc. in new tab

12.15 USD
P/E
35.59
EPS
0.34
Yield
5.40%
Safety Score
10
P/B
0.97
ROE
2.71
Beta
0.48
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Key Metrics
P/E35.59
EPS0.34
Book Value12.42
Price to Book0.97
Debt/Equity64.50
Growth
Revenue Growth0.04%
Dividend
Dividend Yield5.40%
Annual dividends0.65 USD
Ex-Div. DateDec. 11, 2026
Payout191.89%
5y avg Yield4.89%

DCF Valuation

Tweak assumptions to recompute fair value for BlackRock MuniYield Michigan Quality Fund, Inc. (MIY)
Currency: USD
DCF Assumptions
Decimal (e.g., 0.10 = 10%). Range allows declines (−50%) to strong growth (+50%).
Decimal (e.g., 0.30 = 30%).
Decimal (e.g., 0.04 = 4%).
Decimal (e.g., 0.20 = 20%).
Percent number (e.g., 3 = 3%).
Percent number (e.g., 10 = 10%).
Percent number (e.g., 5 = 5%).
DCF Result

Fair Value (DCF)
Current Price
Upside
WACC
Terminal PV
Σ PV of FCFs
Note: historical bars show reported FCF (for context); forward bars show PV of projected FCF; if no per-year data, totals are shown.

BlackRock MuniYield Michigan Quality Fund, Inc. Logo BlackRock MuniYield Michigan Quality Fund, Inc. Analysis (MIY)

United States Financials Official Website Stock

Is BlackRock MuniYield Michigan Quality Fund, Inc. a good investment? BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) is currently trading at 12.15 USD.

In terms of valuation, the stock trades at a P/E ratio of 35.59. This high multiple suggests investors have priced in significant future growth expectations.

For income investors, BlackRock MuniYield Michigan Quality Fund, Inc. pays a dividend yield of 5.40%. With a payout ratio of 192%, the dividend appears to be under pressure.

Investor FAQ

Does BlackRock MuniYield Michigan Quality Fund, Inc. pay a dividend?

Yes, it pays an annual dividend of 0.65 USD (5.40% yield).

What asset class is BlackRock MuniYield Michigan Quality Fund, Inc.?

BlackRock MuniYield Michigan Quality Fund, Inc. is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.

Company Profile

BlackRock MuniYield Michigan Quality Fund, Inc. is a closed-ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade, long-term municipal obligations exempt from federal income taxes and Michigan income taxes. BlackRock MuniYield Michigan Quality Fund, Inc. was formed on October 30, 1992 and is domiciled in the United States.

Exchange Ticker
NYQ (United States) MIY
Trades
Dividend Yield
5.40%
5y avg 4.89%
Annual Dividends
0.65USD
Next Ex. Div Date
Dec. 11, 2026
Payout Ratio
191.89%
Dividend History paid per year (USD)
Historical Dividends
Year Total Dividends
2027
0.39 USD
Aug. 2, 2027 (estimated) 0.0572
July 1, 2027 (estimated) 0.0553
June 1, 2027 (estimated) 0.0560
May 3, 2027 (estimated) 0.0560
April 1, 2027 (estimated) 0.0560
March 1, 2027 (estimated) 0.0547
Feb. 1, 2027 (estimated) 0.0547
2026
0.65 USD
Dec. 22, 2026 0.0545
Dec. 1, 2026 0.0545
Nov. 2, 2026 0.0545
Oct. 1, 2026 0.0545
Sept. 1, 2026 0.0545
Aug. 3, 2026 0.0545
July 1, 2026 0.0545
June 1, 2026 0.0545
May 1, 2026 0.0545
April 1, 2026 0.0545
March 2, 2026 0.0545
Feb. 2, 2026 0.0545
2025
0.65 USD
Dec. 31, 2025 0.0545
Dec. 1, 2025 0.0545
Nov. 3, 2025 0.0545
Oct. 1, 2025 0.0545
Sept. 2, 2025 0.0545
July 31, 2025 0.0545
July 1, 2025 0.0545
June 2, 2025 0.0545
May 1, 2025 0.0545
April 1, 2025 0.0545
March 3, 2025 0.0545
Feb. 3, 2025 0.0545
2024
0.58 USD
Dec. 31, 2024 0.0545
Dec. 2, 2024 0.0545
Nov. 1, 2024 0.0545
Oct. 1, 2024 0.0465
Sept. 3, 2024 0.0465
Aug. 1, 2024 0.0465
July 1, 2024 0.0465
June 3, 2024 0.0465
May 1, 2024 0.0465
April 1, 2024 0.0465
March 1, 2024 0.0465
Feb. 1, 2024 0.0465
2023
0.44 USD
Dec. 29, 2023 0.0465
Dec. 1, 2023 0.0345
Nov. 1, 2023 0.0345
Oct. 2, 2023 0.0345
Sept. 1, 2023 0.0345
July 31, 2023 0.0345
July 3, 2023 0.0345
June 1, 2023 0.0345
May 1, 2023 0.0345
April 3, 2023 0.0345
March 1, 2023 0.0405
Feb. 1, 2023 0.0405
2022
0.63 USD
Dec. 30, 2022 0.0405
Dec. 1, 2022 0.0440
Nov. 1, 2022 0.0440
Oct. 3, 2022 0.0560
Sept. 1, 2022 0.0560
Aug. 1, 2022 0.0560
July 1, 2022 0.0560
June 1, 2022 0.0560
May 2, 2022 0.0560
April 1, 2022 0.0560
March 1, 2022 0.0560
Feb. 1, 2022 0.0560
2021
0.67 USD
Dec. 31, 2021 0.0560
Dec. 1, 2021 0.0560
Nov. 1, 2021 0.0560
Oct. 1, 2021 0.0560
Sept. 1, 2021 0.0560
Aug. 2, 2021 0.0560
July 1, 2021 0.0560
June 1, 2021 0.0560
May 3, 2021 0.0560
April 1, 2021 0.0560
March 1, 2021 0.0560
Feb. 1, 2021 0.0560
2020
0.62 USD
Dec. 31, 2020 0.0560
Dec. 1, 2020 0.0560
Nov. 2, 2020 0.0560
Oct. 1, 2020 0.0510
Sept. 1, 2020 0.0510
Aug. 3, 2020 0.0510
July 1, 2020 0.0510
June 1, 2020 0.0490
May 1, 2020 0.0490
April 1, 2020 0.0490
March 2, 2020 0.0490
Feb. 3, 2020 0.0490
2019
0.61 USD
Dec. 31, 2019 0.0490
Dec. 2, 2019 0.0490
Nov. 1, 2019 0.0490
Oct. 1, 2019 0.0490
Sept. 3, 2019 0.0490
Aug. 1, 2019 0.0490
July 1, 2019 0.0520
June 3, 2019 0.0520
May 1, 2019 0.0520
April 1, 2019 0.0520
March 1, 2019 0.0520
Feb. 1, 2019 0.0520
2018
0.65 USD
Dec. 31, 2018 0.0520
Dec. 3, 2018 0.0520
Nov. 1, 2018 0.0520
Oct. 1, 2018 0.0520
Sept. 4, 2018 0.0520
Aug. 1, 2018 0.0520
July 2, 2018 0.0570
June 1, 2018 0.0570
May 1, 2018 0.0570
April 2, 2018 0.0570
March 1, 2018 0.0570
Feb. 1, 2018 0.0570
2017
0.76 USD
Dec. 29, 2017 0.0570
Dec. 1, 2017 0.0640
Nov. 1, 2017 0.0640
Oct. 2, 2017 0.0640
Sept. 1, 2017 0.0640
Aug. 1, 2017 0.0640
July 3, 2017 0.0640
June 1, 2017 0.0640
May 1, 2017 0.0640
April 3, 2017 0.0640
March 1, 2017 0.0640
Feb. 1, 2017 0.0640
2016
0.79 USD
Dec. 30, 2016 0.0654
Dec. 1, 2016 0.0640
Nov. 1, 2016 0.0640
Oct. 3, 2016 0.0640
Sept. 1, 2016 0.0640
Aug. 1, 2016 0.0640
July 1, 2016 0.0640
June 1, 2016 0.0690
May 2, 2016 0.0690
April 1, 2016 0.0690
March 1, 2016 0.0690
Feb. 1, 2016 0.0690
2015
0.86 USD
Dec. 31, 2015 0.0690
Dec. 1, 2015 0.0690
Nov. 2, 2015 0.0272
Nov. 2, 2015 0.1247
Sept. 1, 2015 0.0690
Aug. 3, 2015 0.0690
July 1, 2015 0.0720
June 1, 2015 0.0720
May 1, 2015 0.0720
April 1, 2015 0.0720
March 2, 2015 0.0720
Feb. 2, 2015 0.0720
2014
0.88 USD
Dec. 31, 2014 0.0720
Dec. 1, 2014 0.0720
Nov. 3, 2014 0.0720
Oct. 1, 2014 0.0720
Sept. 2, 2014 0.0720
Aug. 1, 2014 0.0720
July 1, 2014 0.0740
June 2, 2014 0.0740
May 1, 2014 0.0740
April 1, 2014 0.0740
March 3, 2014 0.0740
Feb. 3, 2014 0.0740
2013
0.92 USD
Dec. 31, 2013 0.0740
Dec. 2, 2013 0.0765
Nov. 1, 2013 0.0765
Oct. 1, 2013 0.0765
Sept. 3, 2013 0.0765
Aug. 1, 2013 0.0765
July 1, 2013 0.0765
June 3, 2013 0.0765
May 1, 2013 0.0765
April 1, 2013 0.0765
March 1, 2013 0.0765
Feb. 1, 2013 0.0765
2012
0.92 USD
Dec. 31, 2012 0.0765
Dec. 3, 2012 0.0765
Nov. 1, 2012 0.0765
Oct. 1, 2012 0.0765
Sept. 4, 2012 0.0765
Aug. 1, 2012 0.0765
July 2, 2012 0.0765
June 1, 2012 0.0765
May 1, 2012 0.0765
April 2, 2012 0.0765
March 1, 2012 0.0765
Feb. 1, 2012 0.0765
2011
0.92 USD
Dec. 30, 2011 0.0765
Dec. 1, 2011 0.0765
Nov. 1, 2011 0.0765
Oct. 3, 2011 0.0765
Sept. 1, 2011 0.0765
Aug. 1, 2011 0.0765
July 1, 2011 0.0765
June 1, 2011 0.0765
May 2, 2011 0.0765
April 1, 2011 0.0765
March 1, 2011 0.0765
Feb. 1, 2011 0.0765
2010
0.91 USD
Dec. 31, 2010 0.0765
Dec. 1, 2010 0.0765
Nov. 1, 2010 0.0765
Oct. 1, 2010 0.0765
Sept. 1, 2010 0.0750
Aug. 2, 2010 0.0750
July 1, 2010 0.0750
June 1, 2010 0.0750
May 3, 2010 0.0750
April 1, 2010 0.0750
March 1, 2010 0.0750
Feb. 1, 2010 0.0750
2009
0.76 USD
Dec. 31, 2009 0.0750
Dec. 1, 2009 0.0725
Nov. 2, 2009 0.0725
Oct. 1, 2009 0.0725
Sept. 1, 2009 0.0665
Aug. 3, 2009 0.0665
July 1, 2009 0.0665
June 1, 2009 0.0540
May 1, 2009 0.0540
April 1, 2009 0.0540
March 2, 2009 0.0540
Feb. 2, 2009 0.0540
2008
0.67 USD
Dec. 31, 2008 0.0540
Dec. 1, 2008 0.0540
Nov. 3, 2008 0.0540
Oct. 1, 2008 0.0540
Sept. 2, 2008 0.0540
Aug. 1, 2008 0.0540
July 1, 2008 0.0540
June 2, 2008 0.0590
May 1, 2008 0.0590
April 1, 2008 0.0590
March 3, 2008 0.0590
Feb. 1, 2008 0.0590
2007
0.71 USD
Dec. 31, 2007 0.0590
Dec. 3, 2007 0.0590
Nov. 1, 2007 0.0590
Oct. 1, 2007 0.0590
Sept. 4, 2007 0.0590
Aug. 1, 2007 0.0590
July 2, 2007 0.0590
June 1, 2007 0.0590
May 1, 2007 0.0590
April 2, 2007 0.0590
March 1, 2007 0.0590
Feb. 1, 2007 0.0590
2006
0.80 USD
Dec. 28, 2006 0.0590
Nov. 29, 2006 0.0630
Oct. 30, 2006 0.0630
Sept. 28, 2006 0.0630
Aug. 30, 2006 0.0630
July 28, 2006 0.0630
June 29, 2006 0.0630
May 30, 2006 0.0720
April 27, 2006 0.0720
March 30, 2006 0.0720
Feb. 27, 2006 0.0720
Jan. 30, 2006 0.0720
2005
0.97 USD
Dec. 29, 2005 0.0810
Nov. 29, 2005 0.0810
Oct. 28, 2005 0.0810
Sept. 29, 2005 0.0810
Aug. 30, 2005 0.0810
July 28, 2005 0.0810
June 29, 2005 0.0810
May 27, 2005 0.0810
April 28, 2005 0.0810
March 30, 2005 0.0810
Feb. 25, 2005 0.0810
Jan. 28, 2005 0.0810
2004
1.01 USD
Dec. 29, 2004 0.0840
Nov. 29, 2004 0.0840
Oct. 28, 2004 0.0840
Sept. 29, 2004 0.0840
Aug. 30, 2004 0.0840
July 29, 2004 0.0840
June 29, 2004 0.0840
May 27, 2004 0.0840
April 29, 2004 0.0840
March 30, 2004 0.0840
Feb. 26, 2004 0.0840
Jan. 29, 2004 0.0820
2003
0.98 USD
Dec. 30, 2003 0.0820
Nov. 26, 2003 0.0820
Oct. 30, 2003 0.0820
Sept. 29, 2003 0.0820
Aug. 28, 2003 0.0820
July 30, 2003 0.0820
June 27, 2003 0.0820
May 29, 2003 0.0820
April 29, 2003 0.0820
March 28, 2003 0.0820
Feb. 27, 2003 0.0820
Jan. 30, 2003 0.0795
2002
0.95 USD
Dec. 30, 2002 0.0795
Nov. 27, 2002 0.0795
Oct. 30, 2002 0.0795
Sept. 27, 2002 0.0795
Aug. 29, 2002 0.0795
July 30, 2002 0.0795
June 27, 2002 0.0795
May 30, 2002 0.0795
April 29, 2002 0.0795
March 28, 2002 0.0795
Feb. 27, 2002 0.0795
Jan. 30, 2002 0.0738
2001
0.76 USD
Dec. 28, 2001 0.0738
Nov. 29, 2001 0.0738
Oct. 30, 2001 0.0738
Aug. 30, 2001 0.0700
July 30, 2001 0.0685
June 28, 2001 0.0685
May 30, 2001 0.0685
April 27, 2001 0.0660
March 29, 2001 0.0660
Feb. 27, 2001 0.0660
Jan. 30, 2001 0.0646
2000
0.78 USD
Dec. 28, 2000 0.0646
Nov. 29, 2000 0.0646
Oct. 30, 2000 0.0646
Sept. 28, 2000 0.0646
Aug. 30, 2000 0.0646
July 28, 2000 0.0658
June 29, 2000 0.0658
May 30, 2000 0.0658
April 27, 2000 0.0570
March 1, 2000 0.0690
Feb. 28, 2000 0.0692
Jan. 28, 2000 0.0692
1999
0.83 USD
Dec. 30, 1999 0.0692
Nov. 29, 1999 0.0700
Oct. 28, 1999 0.0690
Sept. 29, 1999 0.0690
Aug. 30, 1999 0.0690
July 29, 1999 0.0685
June 29, 1999 0.0686
May 27, 1999 0.0655
April 29, 1999 0.0704
March 30, 1999 0.0641
Feb. 25, 1999 0.0740
Jan. 28, 1999 0.0769
1998
1.06 USD
Dec. 30, 1998 0.2910
Nov. 27, 1998 0.0762
Oct. 29, 1998 0.0705
Sept. 29, 1998 0.0712
Aug. 28, 1998 0.0704
July 30, 1998 0.0673
June 29, 1998 0.0683
May 28, 1998 0.0674
April 29, 1998 0.0722
March 30, 1998 0.0652
Feb. 26, 1998 0.0714
Jan. 29, 1998 0.0706
1997
0.84 USD
Dec. 30, 1997 0.0686
Nov. 26, 1997 0.0707
Oct. 30, 1997 0.0691
Sept. 29, 1997 0.0701
Aug. 28, 1997 0.0707
July 30, 1997 0.0697
June 27, 1997 0.0729
May 29, 1997 0.0683
April 29, 1997 0.0722
March 27, 1997 0.0661
Feb. 27, 1997 0.0703
Jan. 30, 1997 0.0718
1996
0.87 USD
Dec. 30, 1996 0.0705
Nov. 27, 1996 0.0730
Oct. 30, 1996 0.0699
Sept. 27, 1996 0.0728
Aug. 29, 1996 0.0719
July 30, 1996 0.0719
June 27, 1996 0.0742
May 30, 1996 0.0711
April 29, 1996 0.0746
March 28, 1996 0.0709
Feb. 28, 1996 0.0743
Jan. 30, 1996 0.0705
1995
0.36 USD
Dec. 28, 1995 0.0703
Nov. 29, 1995 0.0731
Oct. 30, 1995 0.0701
Sept. 28, 1995 0.0725
Aug. 30, 1995 0.0730
1994
0.68 USD
Sept. 29, 1994 0.0739
Aug. 30, 1994 0.0746
July 28, 1994 0.0721
June 29, 1994 0.0751
May 27, 1994 0.0746
April 28, 1994 0.0746
March 30, 1994 0.0753
Feb. 25, 1994 0.0761
Jan. 28, 1994 0.0790
1993
0.94 USD
Dec. 30, 1993 0.0787
Nov. 29, 1993 0.0835
Sept. 29, 1993 0.0820
Aug. 30, 1993 0.0811
July 29, 1993 0.0805
June 29, 1993 0.0823
May 28, 1993 0.0763
April 29, 1993 0.0756
March 30, 1993 0.0768
Feb. 25, 1993 0.0795
Jan. 28, 1993 0.1430
Upcoming Dividends
Name Payment Date Status Amount
BlackRock MuniYield Michigan Quality Fund, Inc. Dec 22, 2026 Upcoming 0.0545 USD
BlackRock MuniYield Michigan Quality Fund, Inc. Dec 01, 2026 Upcoming 0.0545 USD
BlackRock MuniYield Michigan Quality Fund, Inc. Nov 02, 2026 Upcoming 0.0545 USD
BlackRock MuniYield Michigan Quality Fund, Inc. Oct 01, 2026 Upcoming 0.0545 USD
BlackRock MuniYield Michigan Quality Fund, Inc. Sep 01, 2026 0.0545 USD
BlackRock MuniYield Michigan Quality Fund, Inc. Aug 03, 2026 0.0545 USD
BlackRock MuniYield Michigan Quality Fund, Inc. Jul 01, 2026 0.0545 USD
BlackRock MuniYield Michigan Quality Fund, Inc. Jun 01, 2026 0.0545 USD
BlackRock MuniYield Michigan Quality Fund, Inc. May 01, 2026 0.0545 USD
BlackRock MuniYield Michigan Quality Fund, Inc. Apr 01, 2026 0.0545 USD
BlackRock MuniYield Michigan Quality Fund, Inc. Mar 02, 2026 0.0545 USD
BlackRock MuniYield Michigan Quality Fund, Inc. Feb 02, 2026 0.0545 USD
BlackRock MuniYield Michigan Quality Fund, Inc. Dec 31, 2025 0.0545 USD
BlackRock MuniYield Michigan Quality Fund, Inc. Dec 01, 2025 0.0545 USD
BlackRock MuniYield Michigan Quality Fund, Inc. Nov 03, 2025 0.0545 USD
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