MIY Dividend History & Yield
BlackRock MuniYield Michigan Quality Fund, Inc. · NYSE
Upcoming dividend payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Fri, Nov 13, 2026 (in 19 days) | Nov 27, 2026 | $0.055 | $5.50 | Declared |
| Sun, Dec 13, 2026 (in 49 days) | Dec 27, 2026 | $0.055 | $5.50 | Estimated |
| Tue, Jan 12, 2027 (in 79 days) | Jan 26, 2027 | $0.055 | $5.50 | Estimated |
| Thu, Feb 11, 2027 (in 109 days) | Feb 25, 2027 | $0.055 | $5.50 | Estimated |
| Sat, Mar 13, 2027 (in 139 days) | Mar 27, 2027 | $0.055 | $5.50 | Estimated |
| Mon, Apr 12, 2027 (in 169 days) | Apr 26, 2027 | $0.055 | $5.50 | Estimated |
| Wed, May 12, 2027 (in 199 days) | May 26, 2027 | $0.055 | $5.50 | Estimated |
| Fri, Jun 11, 2027 (in 229 days) | Jun 25, 2027 | $0.055 | $5.50 | Estimated |
| Sun, Jul 11, 2027 (in 259 days) | Jul 25, 2027 | $0.055 | $5.50 | Estimated |
| Tue, Aug 10, 2027 (in 289 days) | Aug 24, 2027 | $0.055 | $5.50 | Estimated |
| Thu, Sep 9, 2027 (in 319 days) | Sep 23, 2027 | $0.055 | $5.50 | Estimated |
| Sat, Oct 9, 2027 (in 349 days) | Oct 23, 2027 | $0.055 | $5.50 | Estimated |
Estimated dates and amounts are projected from MIY's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $0.66 per share.
Dividend payment history
Last 40 payments per share. RegularSpecial
Annual dividends per share
How much MIY do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 1,819 | $21,618 | $1,200 |
| $500 / month | 9,091 | $108,091 | $6,000 |
| $1,000 / month | 18,182 | $216,182 | $12,000 |
Based on the forward yield of 5.55%. $10,000 in MIY would currently pay about $555 a year ($46 a month on average). Model reinvestment and growth →
MIY dividend history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Oct 15, 2026 | — | $0.055 | +0.0% |
| Sep 15, 2026 | — | $0.055 | +0.0% |
| Aug 14, 2026 | — | $0.055 | +0.0% |
| Jul 15, 2026 | — | $0.055 | +0.0% |
| Jun 15, 2026 | — | $0.055 | +0.0% |
| May 15, 2026 | — | $0.055 | +0.0% |
| Apr 15, 2026 | — | $0.055 | +0.0% |
| Mar 13, 2026 | — | $0.055 | +0.0% |
| Feb 13, 2026 | — | $0.055 | +0.0% |
| Jan 20, 2026 | — | $0.055 | +0.0% |
| Dec 22, 2025 | — | $0.055 | +0.0% |
| Nov 14, 2025 | — | $0.055 | +0.0% |
| Oct 15, 2025 | — | $0.055 | +0.0% |
| Sep 15, 2025 | — | $0.055 | +0.0% |
| Aug 15, 2025 | — | $0.055 | +0.0% |
| Jul 15, 2025 | — | $0.055 | +0.0% |
| Jun 13, 2025 | — | $0.055 | +0.0% |
| May 15, 2025 | — | $0.055 | +0.0% |
| Apr 15, 2025 | — | $0.055 | +0.0% |
| Mar 14, 2025 | — | $0.055 | +0.0% |
| Feb 14, 2025 | — | $0.055 | +0.0% |
| Jan 15, 2025 | — | $0.055 | +0.0% |
| Dec 16, 2024 | — | $0.055 | +0.0% |
| Nov 15, 2024 | — | $0.055 | +0.0% |
MIY dividend increases & cuts
Market-wide changes →No change to MIY's regular dividend detected in the last year of data.
Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.
Payout risk check
MIY scores 20/100 on our yield-trap heuristic (low risk).
1 warning flag raised:
- Payment was cut within the last 5 years
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About BlackRock MuniYield Michigan Quality Fund, Inc.
BlackRock MuniYield Michigan Quality Fund, Inc. is a closed-ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade, long-term municipal obligations exempt from federal income taxes and Michigan income taxes. BlackRock MuniYield Michigan Quality Fund, Inc. was formed on October 30, 1992 and is domiciled in the United States.
Sector: Financial Services. Industry: Asset Management. First dividend on our records: Jan 12, 1993. 393 payments tracked. Data last refreshed Oct 24, 2026. Spotted a mistake? Report it and we'll fix it.
MIY dividend FAQ
When is MIY's next ex-dividend date?
MIY's next ex-dividend date is Nov 13, 2026 (in 19 days, declared by the company). You must own the shares before that date to receive the payment of about $0.055 per share, expected on Nov 27, 2026.
How often does MIY pay dividends?
MIY pays dividends every month, 12 times a year. The most recent payment was $0.055 per share with an ex-date of Oct 15, 2026.
What is MIY's dividend yield?
MIY's trailing 12-month dividend yield is 5.55%, based on $0.66 per share paid over the last year and a share price of $11.89. The forward yield, using the indicated annual rate of $0.66 per share, is 5.55%.
How much does MIY pay per share?
MIY pays about $0.055 per share each month, which works out to roughly $0.66 per share a year. 100 shares would collect about $66.00 a year.
Has MIY grown or cut its dividend?
Over the last 5 years the regular payout has shrunk at 0.4% a year (+0.0% over the last year). MIY did cut a regular payment within the last 5 years.
How many shares of MIY do I need to earn $100 a month?
At the current forward yield of 5.55%, you would need about 1,819 shares of MIY (roughly $21,618 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.
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