Blackrock Muniyield Quality Fund Inc. Plans Monthly Dividend of $0.06 (MQY)

Blackrock Muniyield Quality Fund Inc. (NYSE:MQY) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, January 16th will be given a dividend of 0.063 per share by the financial services provider on Thursday, February 1st. This represents a $0.76 annualized dividend and a dividend yield of 4.96%. The ex-dividend date is Friday, January 12th.

Blackrock Muniyield Quality Fund has decreased its dividend by an average of 9.3% per year over the last three years.

Blackrock Muniyield Quality Fund (NYSE:MQY) traded up $0.12 during trading hours on Wednesday, hitting $15.24. 94,963 shares of the company’s stock traded hands, compared to its average volume of 88,900. Blackrock Muniyield Quality Fund has a fifty-two week low of $14.42 and a fifty-two week high of $16.10.

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About Blackrock Muniyield Quality Fund

BlackRock MuniYield Quality Fund, Inc (MQY) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide shareholders with high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management.

Dividend History for Blackrock Muniyield Quality Fund (NYSE:MQY)

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