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BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) Stock Analysis

BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) is a Asset Management stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

MIY

$11.73

+$0.08 (+0.69%)

Oct 21, 2026 · Market close

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Price History

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MIY Key Statistics

As of Oct 21, 2026
Trading
Open
$11.78
Previous Close
$11.65
Day's Range
11.69–11.80
52-Week Range
11.01–12.90
Volume
20.32K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.50
Valuation
Market Cap
$339.94M
P/E Ratio
11.17
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
12.73
EPS (ttm)Profit attributable to each share over the last twelve months.
1.05
Financials (FY)
Revenue (FY)
$18.58M
Net Income (FY)
$18.32M
Profit marginThe share of revenue left as profit after all costs and taxes.
115.09%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
28.98M
1-Year Return
+6.46%
Dividend and dates
Dividend
$0.65+5.61%
Ex-Dividend Date
November 13, 2026
Avg Volume
68.44K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, MIY closed at $11.73, +6.46% over 1 year.

BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) has a market capitalization of $339.94M.

In fiscal 2024, MIY reported revenue of $18.58M.

MIY Stock Return by Calendar Year

BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) 10-year return: what $10,000 became

1 year
$10,000 $10,646
+6.46%
5 years
$10,000 $9,511
−4.89%
10 years
$10,000 $13,047
+30.47%

If you had invested $10,000 in BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) 10 years ago, at the close on October 21, 2016, it would have been worth $13,047 at the close on October 21, 2026: +30.47% in total, +2.70% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+3.11%
2025+11.30%
2024+3.54%
2023+6.66%
2022−24.10%
2021+10.04%
2020+7.27%
2019+19.51%
2018−6.71%
2017+8.86%
2016 (partial year)−9.20%

As of October 21, 2026.

MIY Revenue and Earnings by Fiscal Year

FY ends July
Fiscal yearRevenueNet incomeNet margin
2024$18.58M$18.32M98.6%
2023−$4.00M−$4.34M108.6%
2022−$53.17M−$53.51M100.6%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2024$18.58M——$18.32M98.6%
2023−$4.00M——−$4.34M108.6%
2022−$53.17M——−$53.51M100.6%

Annual figures as reported, in the company's reporting currency. As of July 31, 2024.

MIY Dividend History

$0.66+12.2% vs 2024

Dividends per share, 2025 · 12 payments

YearDividends per sharePaymentsChange
2026*$0.509—
2025$0.6612+12.2%
2024$0.5912+32.4%
2023$0.4412−29.9%
YearDividends per sharePaymentsChange
2026 (partial year)$0.509—
2025$0.6612+12.2%
2024$0.5912+32.4%
2023$0.4412−29.9%
2022$0.6312−5.8%
2021$0.6712+8.9%
2020$0.6212+1.8%
2019$0.6112−7.3%
2018$0.6512−14.5%
2017$0.7712+493.0%
2016$0.132—

Most recent payment: $0.06 per share, ex-dividend September 15, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

MIY Valuation vs Asset Management Median

Median of 512 stocks
MetricMIYAsset Management medianvs median
P/E11.179.4418% above
P/S ratio12.738.5948% above
Profit margin115.09%74.97%40.1 pts above

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

The market values BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) at $339.94M. It is classified in the Asset Management industry, within the Financial Services sector.

The 52-week range on file runs from $11.01 to $12.90. The most recent close on file for MIY is $11.73, dated October 21, 2026. That is +$0.08 (+0.69%) against the previous close. The latest close sits 6.54% above that 52-week low.

Financial Health

Fiscal 2024 revenue came to $18.58M. Net income for the same year was $18.32M. The reported profit margin is 115.09%. That is 40.1 percentage points above the Asset Management median of 74.97%. Trailing earnings per share are 1.05.

Across the 3 fiscal years on file, revenue moves from −$53.17M in 2022 to $18.58M in 2024. Of those 3 years, 1 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 11.17 times earnings. That is 18.33% above the Asset Management median of 9.44. Measured against sales, the shares trade at 12.73 times revenue. On price-to-sales that is 48.2% above the Asset Management median of 8.59. 512 Asset Management companies report these metrics, and the medians quoted come from that group.

The reported beta is 0.5. Annualized volatility over the trailing 10 years is 12.09%. The trailing one-year total return is +6.46%. Measured over 10 years, that is +2.70% a year compounded.

Growth & Income

Shareholders receive a dividend, yielding 5.61% on the latest price. That is 3.3 percentage points below the Asset Management median yield of 8.91%. At the indicated rate that is $0.65 a share a year. The ex-dividend date on file is November 13, 2026. Dividends are recorded for 11 calendar years; 2026 shows 9 payments totalling $0.50 a share. The year before, 2025, totalled $0.66 a share.

So far in 2026 the total return is +3.11%. The strongest complete calendar year on file is 2019 at +19.51%; the weakest is 2022 at −24.10%. Of the 9 complete calendar years on file, 7 finished higher.

Peer Comparison

BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
BlackRock MuniYield Michigan Quality Fund, Inc. MIY $339.94M 11.2
BlackRock, Inc. BLK $184.31B 25.8
Blackstone Inc. BX $127.43B 23.9
Brookfield Corporation BN $83.74B 69.5

The Asset Management industry average P/E ratio is 9.4x. BlackRock MuniYield Michigan Quality Fund, Inc. trades at a P/E of 11.2.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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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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