BlackRock MuniYield Michigan Quality Fund, Inc.

MIY

NYSE

11.58

USD

+0.06(+0.52%)

As of today

Overview Financials Dividends Ratios Discussions Analysis

BlackRock MuniYield Michigan Quality Fund, Inc. fundamentals

Overview Income Statement Balance Sheet Cash Flow

Key ratios

P/E Ratio

-16.31

Price/Book

0.91

Debt/Equity

62.77%

Return on Equity

1.22%

Dividend Yield

5.65%

EBITDA

0.00

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.

Statements Highlights

AnnualQuarterly

Period Ending	Jul 31, 2020	Jul 31, 2021	Jul 31, 2022	Jul 31, 2023	Jul 31, 2024
Total Revenue	24,634,200	24,566,127	-53,166,361	-4,001,290	25,598,689
Gross Profit	20,767,625	20,750,182	-56,829,221	24,780,843	18,575,060
Operating Income	22,773,119	24,246,715	21,288,682	21,367,044	22,388,889
Net Income	22,773,119	24,246,715	-53,510,967	-4,344,377	18,323,817
Total Assets	743,618,528	748,405,521	678,837,048	616,704,066	612,766,375
Total Current Liabilities	1,565,428	1,667,065	47,089,106	6,884,154	2,251,870
Total Equity	468,752,104	473,463,507	400,205,937	378,172,725	378,949,766
Free Cash Flow	41,040,814	19,471,415	19,710,789	54,066,025	22,711,308
Cash from Operations	41,040,814	19,471,415	19,710,789	54,066,030	22,711,304
Cash from Investing	25,445,240	-6,270,056	-3,897,276	53,253,055	0
Cash from Financing	-41,486,155	-19,471,415	-19,710,789	-54,066,030	-22,711,304
Net Change in Cash	-445,341	-6,270,056	0	15,042,841	-1,631,381

BlackRock MuniYield Michigan Quality Fund, Inc.

MIY

11.58

BlackRock MuniYield Michigan Quality Fund, Inc. fundamentals

Key ratios

Statements Highlights

Dividends

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