BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) Stock
The BlackRock MuniYield Michigan Quality Fund, Inc. is a closed-end investment vehicle specializing in fixed income securities.
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About BlackRock MuniYield Michigan Quality Fund, Inc.
The BlackRock MuniYield Michigan Quality Fund, Inc. is a closed-end investment vehicle specializing in fixed income securities. Established by BlackRock, Inc., its day-to-day management is handled by BlackRock Advisors, LLC. This fund primarily allocates its capital within the U.S. fixed income markets, focusing on high-quality, long-term municipal bonds specifically structured to provide exemption from both federal and Michigan state income taxes. The fund, which is legally based in the United States, commenced operations on October 30, 1992.
BlackRock MuniYield Michigan Quality Fund, Inc. is headquartered in US.
BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) stock trades at $12.26 with a market capitalization of $355.11M. The stock is valued at a price-to-earnings (P/E) ratio of 36.06, price-to-book of 0.99, price-to-sales of 15.98. Over the past 52 weeks the stock has ranged between $10.62 and $12.90, and currently trades 5.0% below its 52-week high. It pays a dividend yielding 5.30%.
On profitability, BlackRock MuniYield Michigan Quality Fund, Inc. generates a return on equity (ROE) of 2.82%, return on capital employed of 7.61%, an operating margin of 203.26%, a net profit margin of 44.44%.
Official website: www.blackrock.com/investing/products/240264/blackrock-muniyield-michigan-insured-fund-inc-usd-fund