BlackRock MuniYield Quality Fund, Inc. (MQY) to Issue Monthly Dividend of $0.06 on March 1st

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQYGet Free Report) declared a monthly dividend on Friday, November 17th, Wall Street Journal reports. Shareholders of record on Thursday, February 15th will be paid a dividend of 0.058 per share by the financial services provider on Friday, March 1st. This represents a $0.70 annualized dividend and a yield of 5.75%. The ex-dividend date is Wednesday, February 14th.

BlackRock MuniYield Quality Fund Stock Performance

Shares of MQY opened at $12.11 on Monday. The firm’s 50-day moving average is $12.11 and its two-hundred day moving average is $11.28. BlackRock MuniYield Quality Fund has a twelve month low of $9.82 and a twelve month high of $12.48.

Institutional Trading of BlackRock MuniYield Quality Fund

Several institutional investors and hedge funds have recently modified their holdings of the business. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of BlackRock MuniYield Quality Fund by 7.5% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 81,431 shares of the financial services provider’s stock valued at $993,000 after purchasing an additional 5,711 shares in the last quarter. Comerica Bank purchased a new stake in shares of BlackRock MuniYield Quality Fund in the third quarter valued at about $253,000. Mercer Global Advisors Inc. ADV lifted its holdings in shares of BlackRock MuniYield Quality Fund by 9.1% in the third quarter. Mercer Global Advisors Inc. ADV now owns 12,456 shares of the financial services provider’s stock valued at $127,000 after purchasing an additional 1,044 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of BlackRock MuniYield Quality Fund by 0.7% in the third quarter. Ameriprise Financial Inc. now owns 212,245 shares of the financial services provider’s stock valued at $2,171,000 after purchasing an additional 1,508 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of BlackRock MuniYield Quality Fund by 13.7% in the third quarter. LPL Financial LLC now owns 132,913 shares of the financial services provider’s stock valued at $1,360,000 after purchasing an additional 16,013 shares in the last quarter. Hedge funds and other institutional investors own 21.94% of the company’s stock.

About BlackRock MuniYield Quality Fund

(Get Free Report)

BlackRock MuniYield Quality Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests in long-term municipal obligations the interest on which is exempt from federal income taxes. The fund also invests in short-term securities.

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Dividend History for BlackRock MuniYield Quality Fund (NYSE:MQY)

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