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MIY

BlackRock MuniYield Michigan Quality Fund, Inc.

Price Chart
Latest Quote

$12.10

-0.08 (-0.66%)
Current Price
Previous Close $12.18
Open $12.05
Day High $12.17
Day Low $12.05
Volume 60,523
Fetched: 2026-06-24T21:25:50
Stock Information
Quarterly Dividend / Yield $0.65 / 5.37%
Shares Outstanding 28.96M
Quarterly Dividend Yield 5.37%
Quarterly Dividend $0.65
Total Debt $232.09M
Revenue $26.35M
Net Income $9.87M
Sector Financial Services
Industry Asset Management
Market Cap $350.47M
P/E Ratio 35.59
EPS (TTM) $0.34
Exchange NYQ
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📊 Comprehensive Analysis
Company Data
Sales$26.35M
Income$9.87M
Book/sh$12.42
Financial Ratios
Quick Ratio3.06
Current Ratio3.11
Debt/Eq64.50
Returns & Margins
ROA2.37%
ROE2.71%
Gross Margin100.00%
Operating Margin86.64%
Profit Margin37.46%
Ownership
Institutional Ownership15.11%
Insider & Institutional transactions data not available
Valuation Ratios
P/S13.30
P/B0.97
Analyst Data
Recommendationnone
Technical Indicators
SMA20$12.10
SMA50$11.95
SMA200$11.61
RSI54.41
ATR0.2102
Short Float0.20%
Short Ratio0.94
Volatility0.48
Rel Volume0.98
Performance History
Week-0.25%
Month+1.20%
Quarter+3.34%
6 Months+7.87%
YTD+6.35%
Year+16.24%
3 Years+29.73%
5 Years+1.23%
10 Years+27.72%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-24 $12.10 60,523
2026-06-23 $12.18 37,000
2026-06-22 $12.10 33,500
2026-06-18 $12.11 55,600
2026-06-17 $12.02 66,500
2026-06-16 $12.13 58,300
2026-06-15 $12.08 242,700
2026-06-12 $12.22 26,400
2026-06-11 $12.19 35,300
2026-06-10 $12.17 54,100
2026-06-09 $12.25 98,300
2026-06-08 $12.17 54,600
2026-06-05 $12.09 35,800
2026-06-04 $12.10 58,300
2026-06-03 $12.02 37,400
2026-06-02 $12.10 96,000
2026-06-01 $12.01 46,300
2026-05-29 $12.04 64,200
2026-05-28 $11.99 33,700
2026-05-27 $12.01 44,600
2026-05-26 $11.94 28,900
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.

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Income Statement (Annual)
Metric 2025-07-31 2024-07-31 2023-07-31 2022-07-31
Revenue
Total Revenue - $18,575,060 $-4,001,290 $-53,166,361
Operating Revenue - $18,575,060 $-4,001,290 $-53,166,361
Expenses
Interest Expense - $10,234,088 $8,892,605 $3,400,162
Operating Expense - $184,742 $343,087 $344,606
Other Operating Expenses - $-113,803 $31,622 $31,853
General And Administrative Expense - $298,545 $311,465 $312,753
Income & Earnings
Net Income From Continuing Operation Net Minority Interest - $18,323,817 $-4,344,377 $-53,510,967
Net Interest Income - $14,926,590 $-8,892,605 $-3,400,162
Interest Income - $25,160,678 $0 $0
Normalized Income - $18,376,353 $-4,344,377 $-53,510,967
Net Income From Continuing And Discontinued Operation - $18,323,817 $-4,344,377 $-53,510,967
Net Income Common Stockholders - $18,323,817 $-4,344,377 $-53,510,967
Net Income - $18,323,817 $-4,344,377 $-53,510,967
Net Income Including Noncontrolling Interests - $18,323,817 $-4,344,377 $-53,510,967
Net Income Continuous Operations - $18,323,817 $-4,344,377 $-53,510,967
Pretax Income - $18,323,817 $-4,344,377 $-53,510,967
Special Income Charges - $-66,501 - $0
Per Share
Diluted EPS $-0.71 $0.65 $-0.13 $-1.81
Basic EPS $-0.71 $0.65 $-0.13 $-1.81
Other
Diluted Average Shares $29,283,720 $28,190,488 $33,418,285 $29,564,070
Basic Average Shares $29,283,720 $28,190,488 $33,418,285 $29,564,070
Tax Effect Of Unusual Items - $-13,965 $0 $0
Tax Rate For Calcs - $0 $0 $0
Total Unusual Items - $-66,501 - $0
Total Unusual Items Excluding Goodwill - $-66,501 - $0
Diluted NI Availto Com Stockholders - $18,323,817 $-4,344,377 $-53,510,967
Restructuring And Mergern Acquisition - $66,501 - $0
Gain On Sale Of Security - $-1,852,625 $-23,484,347 $-2,128,297
Selling General And Administration - $298,545 $311,465 $312,753
Fetched: 2026-06-20
Balance Sheet (Annual)
Metric 2024-07-31 2023-07-31 2022-07-31 2021-07-31
Assets
Net Tangible Assets $378,949,766 $378,172,725 $400,205,937 $473,463,507
Total Assets $612,766,375 $616,704,066 $678,837,048 $748,405,521
Investmentin Financial Assets $605,653,337 $610,088,924 $671,570,368 $740,899,896
Financial Assets Designatedas Fair Value Through Profitor Loss Total $589,260,610 $610,088,924 $671,570,368 $740,899,896
Prepaid Assets $151,164 $109,843 $138,054 $143,434
Receivables $6,961,874 $6,505,299 $7,128,626 $7,362,191
Cash Cash Equivalents And Federal Funds Sold $0 $0 $0 $0
Cash And Cash Equivalents - - $0 $0
Cash Financial - - $0 $0
Debt
Net Debt $8,629 $51,064 - -
Total Debt $8,629 $51,064 - -
Long Term Debt And Capital Lease Obligation $8,629 $51,064 - -
Liabilities
Total Liabilities Net Minority Interest $233,816,609 $238,531,341 $278,631,111 $274,942,014
Payables $2,230,224 $586,301 $5,810,138 $2,136,228
Other Payable $337,488 $469,147 $710,734 $469,163
Accounts Payable $1,892,736 $117,154 $5,099,404 $1,667,065
Equity
Common Stock Equity $378,949,766 $378,172,725 $400,205,937 $473,463,507
Total Equity Gross Minority Interest $378,949,766 $378,172,725 $400,205,937 $473,463,507
Stockholders Equity $378,949,766 $378,172,725 $400,205,937 $473,463,507
Retained Earnings $-30,322,174 $-35,237,306 $-17,987,221 $55,344,694
Preferred Securities Outside Stock Equity $231,564,739 $231,553,356 $231,542,005 $231,506,549
Other
Ordinary Shares Number $28,964,750 $29,232,196 $29,515,920 $29,509,535
Share Issued $28,964,750 $29,232,196 $29,515,920 $29,509,535
Tangible Book Value $378,949,766 $378,172,725 $400,205,937 $473,463,507
Invested Capital $378,958,395 $378,223,789 - -
Total Capitalization $378,958,395 $378,223,789 - -
Capital Stock $409,271,940 $413,410,031 $418,193,158 $418,118,813
Common Stock $409,271,940 $413,410,031 $418,193,158 $418,118,813
Investments And Advances $605,653,337 $610,088,924 $671,570,368 $740,899,896
Available For Sale Securities $16,392,727 - - -
Preferred Shares Number - $2,319 - -
Fetched: 2026-06-20
Cash Flow Statement (Annual)
Metric 2024-07-31 2023-07-31 2022-07-31 2021-07-31
Free Cash Flow
Free Cash Flow $22,711,304 $54,066,030 $19,710,789 $19,471,415
Operating Activities
Operating Cash Flow $22,711,304 $54,066,030 $19,710,789 $19,471,415
Financing Activities
Repurchase Of Capital Stock $-2,844,672 $-3,280,792 $0 -
Financing Cash Flow $-22,711,304 $-54,066,030 $-19,710,789 $-19,471,415
Net Other Financing Charges $-6,322,494 $-34,921,827 $35,456 $-83,651
Cash Dividends Paid $-13,501,703 $-15,914,475 $-19,746,245 $-19,387,764
Common Stock Dividend Paid $-13,501,703 $-15,914,475 $-19,746,245 $-19,387,764
Net Common Stock Issuance $-2,844,672 $-3,280,792 $0 -
Other
Repayment Of Debt $-42,435 $0 $0 $0
End Cash Position $0 $0 $0 $0
Beginning Cash Position $0 $0 $0 $0
Changes In Cash $0 $0 $0 $0
Common Stock Payments $-2,844,672 $-3,280,792 $0 -
Net Issuance Payments Of Debt $-42,435 $51,064 $0 $0
Net Long Term Debt Issuance $-42,435 $51,064 $0 $0
Long Term Debt Payments $-42,435 $0 $0 $0
Change In Working Capital $397,920 $284,289 $536,902 $143,717
Change In Other Current Liabilities $0 $0 $0 $0
Change In Accrued Expense $6,274 $-5,170 $-895 $36,905
Change In Payable $-102,353 $-362,079 $298,852 $-25,212
Change In Prepaid Assets $-41,321 $28,211 $5,380 $-21,742
Change In Receivables $535,320 $623,327 $233,565 $153,766
Other Non Cash Items $2,095,959 $3,885,664 $5,309,856 $4,384,470
Gain Loss On Investment Securities $1,893,608 $54,240,454 $67,374,998 $-9,303,487
Net Income From Continuing Operations $18,323,817 $-4,344,377 $-53,510,967 $24,246,715
Issuance Of Debt - $51,064 $0 $0
Long Term Debt Issuance - $51,064 $0 $0
Fetched: 2026-06-20