NYSE · Asset Management

BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) Stock

$12.26 +0.08% NYSE: MIY Financial Services

The BlackRock MuniYield Michigan Quality Fund, Inc. is a closed-end investment vehicle specializing in fixed income securities.

Valuation

MetricValue
Price$12.26
Market Cap$355.11M
P/E Ratio36.06
P/B Ratio0.99
P/S Ratio15.98
EPS (TTM)$0.34
52-Week High$12.90
52-Week Low$10.62
Dividend Yield5.30%

Financials & Margins

MetricValue
ROE2.82%
ROA1.66%
ROCE7.61%
Gross Margin112.24%
Operating Margin203.26%
Net Margin44.44%
Debt/Equity0.64
Current Ratio24.03

Annual Financials (USD)

Metric20212022202320242025
Revenue$25.0M$-53.0M$-4.0M$26.0M$21.0M
Operating Profit$24.0M$21.0M$21.0M$22.0M$23.0M
Net Profit$24.0M$-54.0M$-4.0M$18.0M$-21.0M
EPS$0.82$-1.81$-0.13$0.63$-0.72
Op Margin98.7%-40.0%-534.0%87.5%106.8%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$748.0M$679.0M$617.0M$613.0M$572.0M
Total Liabilities$2.0M$279.0M$239.0M$234.0M$232.0M
Cash$3.0M$3.0M$18.0M$16.0M$8.0M
Borrowings$273.0M$273.0M$0$232.0M$232.0M

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$19.0M$20.0M$54.0M$23.0M$20.0M
Investing Cash Flow$-6.0M$-4.0M$53.0M$6.0M$-4.0M
Financing Cash Flow$0$0$-38.0M$-9.0M$0
Net Cash Flow$-6.0M$0$15.0M$-2.0M$-8.0M
Free Cash Flow$19.0M$20.0M$54.0M$23.0M$20.0M

Valuation & Return Ratios

MetricValue
PEG Ratio-0.03
EV / EBITDA13.05
FCF Yield5.30%
Quick Ratio24.03
Interest Coverage11.14
Return 1Y21.01%
Return 3Y29.01%
Return 5Y1.40%

Ownership

Insiders Held0.00%
Institutions Held14.59%
Institutions Float Held14.59%
Institutional HolderSharesReport Date
Mackay Shields LLC479,7472026-06-30
Morgan Stanley408,2772026-03-31
Robinson Capital Management, LLC385,6102026-03-31
Kestra Advisory Services, LLC356,7062026-06-30
Bank of America Corporation311,2462026-03-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
ARDCAres Dynamic Credit Allocation Fund, Inc. $12.54 +0.00% 13.34 $300.53M 0.00%
ASGLiberty All-Star Growth Fund, Inc. $5.35 +0.56% 23.17 $340.89M 0.00%
EDDMorgan Stanley Emerging Markets Domestic Debt Fund, Inc. $5.91 +0.68% 4.88 $380.94M 16.24%
MHNBlackRock MuniHoldings New York Quality Fund, Inc. $10.30 -0.39% -11.32 $311.49M 6.02%
MUABlackRock MuniAssets Fund, Inc. $10.59 -0.75% 177.98 $407.51M 6.33%

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

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