Accessibility Menu
BlackRock MuniYield Michigan Quality Fund logo

BlackRock MuniYield Michigan Quality Fund(NYSE) MIY

Market Cap$351.25MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1992)+493%
5 Year-2%
1 Year+13%
1 Month-0%
$12.11
-0.08%
-0.01Today
BlackRock MuniYield Michigan Quality Fund last closing stock price
MetricPriceDate
Last closeUSD 12.122026-08-06
BlackRock MuniYield Michigan Quality Fund stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-0.49%USD 12.182026-07-30
1 month-0.46%USD 12.182026-07-07
3 month+2.88%USD 11.782026-05-08
Year to date+6.51%USD 11.382025-12-31
1 year+13.42%USD 10.692025-08-06
3 year+30.99%USD 9.252023-08-07
5 year-2.23%USD 12.402021-08-06
Since inception+492.85%USD 2.041992-11-04

BlackRock MuniYield Michigan Quality Fund Financials at a Glance

Market Cap

$351.25MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$47.38M

Net Income (TTM)

$14.42M

EPS (TTM)

$0.34

P/E Ratio

35.56

Dividend

$0.65

Beta (Volatility)

0.18 (Low)

Price

$12.11

Volume

70,486.878

Open

$12.12

Previous Close

$12.12

Daily Range

$12.10 - $12.19

52-Week Range

$10.97 - $12.90

Estimated Earnings Date

Apr 6, 2026

MIY News

No articles available.

Motley Fool Moneyball Superscore

Our CEO Is Handing Members His Secret Weapon

It's called Motley Fool Moneyball, our new proprietary AI tool

We spent over half a million dollars in R&D to build a tool that makes stock research faster, sharper, and smarter. Our analysts use it every day, and now, you can too.

Get Access Now

About BlackRock MuniYield Michigan Quality Fund

BlackRock MuniYield Michigan Quality Fund, Inc. is a closed-end investment fund that specializes in fixed income securities. Managed by BlackRock Advisors, LLC, the fund primarily invests in high-quality, long-term municipal bonds, providing tax-exempt income for investors in Michigan.

Products and Services
  • Investment in high-quality municipal bonds
  • Focus on tax-exempt income for Michigan residents
  • Closed-end fund structure for efficient capital management
Growth Outlook
  • Recent quarterly revenue of $13.43 million shows strong performance
  • Trailing twelve months (TTM) net income of $29.64 million indicates profitability
  • Dividend yield of 5.34% offers attractive income potential
Financial Highlights
  • Market capitalization of approximately $354.82 million
  • Price range over the last year: $10.62 to $12.90
  • Recent quarterly earnings per share (EPS) of $1.02
The BlackRock MuniYield Michigan Quality Fund, Inc. aims to provide investors with a reliable source of tax-exempt income through its strategic investments in municipal bonds. The fund's focus on high-quality securities positions it well for stability and growth, particularly for investors seeking tax advantages in Michigan. Recent financial performance highlights, including a significant quarterly revenue and a solid dividend yield, underscore the fund's potential as a viable investment option. With a strong market presence and effective management, the fund continues to attract interest from investors looking for fixed income solutions.
AI Generated • Jul 22, 2026

Industry

Capital Markets

Sector

Financials

CEO

John M. Perlowski

Headquarters

New York City, NY 10055, US

MIY Financials

Key Financial Metrics (TTM)

Gross Margin

112.24%

Operating Margin

203.26%

Net Income Margin

44.44%

Return on Equity

2.82%

Return on Capital

3.94%

Return on Assets

1.66%

Earnings Yield

2.81%

Dividend Yield

5.40%

Payout Ratio

1.92%

Stock Overview

Market Cap

$351.25MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

28.98M

Volume

70.49K

Avg. Volume

58.27K

Financials (TTM)

Gross Profit

$45.74M

Operating Income

$60.18M

EBITDA

$60.01M

Operating Cash Flow

$34.24M

Capital Expenditure

$12.00

Free Cash Flow

$34.24M

Cash & ST Invst.

$4.35M

Total Debt

$232.09M

BlackRock MuniYield Michigan Quality Fund Performance Analysis

BlackRock MuniYield Michigan Quality Fund annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-07-31USD 22,984,987N/A
20232023-07-31USD 1,296,496-94.4%
20242024-07-31USD 23,746,0641731.6%
20252025-07-31USD 21,101,325-11.1%
BlackRock MuniYield Michigan Quality Fund sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-07-310.7%
Q22025-01-31-4.1%
Q42025-07-31-28.7%
Q22026-01-3152.9%
BlackRock MuniYield Michigan Quality Fund annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-07-31USD -1.81N/A
20232023-07-31USD -0.15-91.8%
20242024-07-31USD 0.63N/A
20252025-07-31USD -0.72N/A
BlackRock MuniYield Michigan Quality Fund sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-07-31-56.8%
Q22025-01-31-118.6%
Q42025-07-31-1826.3%
Q22026-01-31250.0%

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

$351.25MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

N/A

N/A

Net Income

$29.64M

+132.4%

EBITDA

$33.70M

+204.5%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$4.35M

-47.6%

Total Debt

$232.09M

+0.2%

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%

Other Investments to Explore

People Also Watch

Symbol / CompanyPricePrice Chg
SPXXNuveen S&P 500 Dynamic Overwrite Fund
$19.00+0.56%
ASGLiberty All-Star Growth Fund, Inc.
$5.32-0.00%
MYNBlackRock MuniYield New York Quality Fund, Inc.
$9.81+0.51%
EDDMorgan Stanley Emerging Markets Domestic Debt Fund, Inc.
$5.99-0.08%

Trending Stocks

Symbol / CompanyPricePrice Chg
SPCXSpace Exploration Technologies
$128.06+0.11%
TTDThe Trade Desk
$13.82-0.22%
TSLLDirexion Shares ETF Trust - Direxion Daily Tsla Bull 2x Shares
$8.07+0.05%
NVDANvidia
$222.34+0.02%

Questions About MIY

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

BlackRock MuniYield Michigan Quality Fund is trading at $12.17 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 $10.97 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 5.40%.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services