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BlackRock MuniYield Michigan Quality Fund

(NYSE) MIY

Current Price$12.18
Market Cap$352.79M
Since IPO (1992)+488%
5 Year+2%
1 Year+12%
1 Month+2%

BlackRock MuniYield Michigan Quality Fund Financials at a Glance

Market Cap

$352.79M

Revenue (TTM)

$47.38M

Net Income (TTM)

$14.42M

EPS (TTM)

$0.34

P/E Ratio

35.74

Dividend

$0.65

Beta (Volatility)

0.18 (Low)

Price

$12.18

Volume

9,539.01

Open

$12.16

Previous Close

$12.18

Daily Range

$12.16 - $12.43

52-Week Range

$10.57 - $12.90

MIY News

No articles available.

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About BlackRock MuniYield Michigan Quality Fund

Industry

Capital Markets

CEO

John M. Perlowski

Headquarters

New York City, NY 10055, US

MIY Financials

Key Financial Metrics (TTM)

Gross Margin

1%

Operating Margin

2%

Net Income Margin

44%

Return on Equity

3%

Return on Capital

8%

Return on Assets

2%

Earnings Yield

2.80%

Dividend Yield

5.37%

Payout Ratio

1.92%

Stock Overview

Market Cap

$352.79M

Shares Outstanding

28.96M

Volume

9.54K

Avg. Volume

65.12K

Financials (TTM)

Gross Profit

$25.86M

Operating Income

$22.53M

EBITDA

$0.00

Operating Cash Flow

$19.73M

Capital Expenditure

$0.00

Free Cash Flow

$19.73M

Cash & ST Invst.

$8.50M

Total Debt

$231.58M

BlackRock MuniYield Michigan Quality Fund Performance Analysis

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$13.43M

+5.3%

Gross Profit

$11.90M

+23.3%

Gross Margin

88.59%

N/A

Market Cap

$352.79M

N/A

Market Cap/Employee

N/A

N/A

Employees

N/A

N/A

Net Income

$29.64M

+132.4%

EBITDA

$33.70M

+1894.1%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Net Cash

$227.74M

-2.0%

Accounts Receivable

$7.93M

+28.5%

Inventory

$0.00

-100.0%

Long Term Debt

$231.58M

+0.0%

Short Term Debt

$511.13K

+26098.5%

Return on Assets

1.66%

N/A

Return on Invested Capital

7.61%

N/A

Free Cash Flow

$7.85M

-46.4%

Operating Cash Flow

$7.85M

-46.4%

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Questions About MIY

What is the current price of BlackRock MuniYield Michigan Quality Fund?

BlackRock MuniYield Michigan Quality Fund is trading at $12.19 per share.

What is the 52-week range for BlackRock MuniYield Michigan Quality Fund?

Over the past 52 weeks, BlackRock MuniYield Michigan Quality Fund has traded between $10.57 and $12.90.

How much debt does BlackRock MuniYield Michigan Quality Fund have?

As of the most recent reporting period, BlackRock MuniYield Michigan Quality Fund reported total debt of $231.58M.

How much cash does BlackRock MuniYield Michigan Quality Fund have on hand?

BlackRock MuniYield Michigan Quality Fund reported $8.50M in cash and cash equivalents in its most recent financial results.

What is BlackRock MuniYield Michigan Quality Fund’s dividend yield?

BlackRock MuniYield Michigan Quality Fund currently has a dividend yield of 5.37%.

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