BlackRock MuniYield Michigan Quality Fund (MIY) Dividend Calculator
BlackRock MuniYield Michigan Quality Fund, Inc. · how much MIY pays you, by shares or dollars · updated
100 shares of BlackRock MuniYield Michigan Quality Fund (MIY) pay $65.00 a year in dividends, about $5.50 each month, at the current monthly dividend of $0.0550 per share (as of Nov 5, 2026). At the $12.31 share price that is a 5.28% yield, so $10,000 buys about 812.1 shares and pays about $528 a year. To get the next payment, buy by Nov 12, 2026.
Per share, a year
$0.65
100 shares, a year
$65.00
$10,000 invested, a year
$527.84
Shares for $1,000 a month
18,462
MIY BlackRock MuniYield Michigan Quality Fund, Inc.
$12.31 · $0.65/yr dividend · 5.28% yield · monthly
Annual income
$65.00
Monthly (average)
$5.42
Per payment (monthly)
$5.42
Dividend yield
5.28%
Yield on cost
—
Enter your cost
Position value
$1,231
Your payments over the next 12 months
Based on MIY's actual pay dates over the past year
Income over 10 years if the dividend keeps growing 1.36% a year
Same shares, no reinvestment. Year 10: $73 · 10-year total: $691. Add reinvestment in the DRIP calculator →
How many MIY shares for a monthly income
Shares and money needed to earn each monthly amount from BlackRock MuniYield Michigan Quality Fund dividends alone, at today's rate and price, before tax. Spreading it across several stocks lowers the risk that one cut hits your whole income.
| Monthly income | Shares needed | Cost today |
|---|---|---|
| $100 a month | 1,847 | $22,745 |
| $250 a month | 4,616 | $56,843 |
| $500 a month | 9,231 | $113,674 |
| $1,000 a month | 18,462 | $227,348 |
| $2,000 a month | 36,924 | $454,697 |
| $5,000 a month | 92,308 | $1,136,718 |
What 100 shares of MIY paid each year
Holding 100 shares, you would have received $79.40 in 2016 and $66.00 in 2025, down 17%, without buying another share. If the dividend kept growing 1.4% a year, its five-year pace, the same 100 shares would pay about $73 in year 10. That is a projection, not a promise.
When you get the next MIY dividend
Last day to buy
Nov 12, 2026
Ex-dividend date
Nov 13, 2026
Pay date
Nov 27, 2026
Buy MIY by the close on the last day to buy and you are paid $0.0550 per share on Nov 27, 2026. Buy on the ex-dividend date or later and the seller gets it. MIY ex-dividend dates →
How the MIY dividend is calculated
Yearly income = shares × $0.65
Each payment = shares × $0.0550
Shares for a monthly income = (monthly goal × 12) ÷ $0.65
The rate is BlackRock MuniYield Michigan Quality Fund's current dividend as of Nov 5, 2026. A board can raise, cut or skip a dividend, so check the MIY dividend safety grade before counting on it.
Key facts: BlackRock MuniYield Michigan Quality Fund (MIY) dividend income
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, 100 shares of BlackRock MuniYield Michigan Quality Fund (MIY) pay $65.00 a year in dividends before tax, about $5.50 each month, at $0.65 per share a year.
- At its Nov 5, 2026 share price of $12.31, MIY yields 5.28%: $10,000 buys about 812.1 shares, which pay about $527.84 a year.
- Earning $1,000 a month ($12,000 a year) from MIY dividends alone takes about 18,462 shares, roughly $227,348 at today's price, before tax.
- 100 shares of MIY paid $79.40 in dividends in 2016 and $66.00 in 2025, down 17%.
- The next MIY dividend goes ex-dividend on Nov 13, 2026 and is paid on Nov 27, 2026; the last day to buy shares and receive it is Nov 12, 2026.
Cite this page
SmarterDividends, "BlackRock MuniYield Michigan Quality Fund (MIY) Dividend Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/MIY/dividend-calculator
Frequently asked questions
How much dividend does 100 shares of MIY pay?
As of Nov 5, 2026, 100 shares of BlackRock MuniYield Michigan Quality Fund (MIY) pay $65.00 a year in dividends before tax, about $5.50 each month, at $0.65 per share a year.
How much dividend does 1,000 shares of MIY pay?
About $650 a year before tax, or $55.00 each month, at BlackRock MuniYield Michigan Quality Fund's current rate of $0.65 per share a year. Buying 1,000 shares costs about $12,314 at the Nov 5, 2026 price.
How many shares of MIY do I need to make $1,000 a month?
About 18,462 shares. $1,000 a month is $12,000 a year; divided by $0.65 a share, that's 18,462 shares, or about $227,348 at today's $12.31 price. Taxes in a regular brokerage account raise the number.
How much do I need to invest in MIY to make $100 a month?
About $22,734. $100 a month is $1,200 a year, and at a 5.28% yield that takes $22,734, or about 1,847 shares.
How often does BlackRock MuniYield Michigan Quality Fund pay dividends?
BlackRock MuniYield Michigan Quality Fund (MIY) pays every month, so you get 12 payments a year of about $0.0550 per share each.
How is the MIY dividend calculated?
Multiply your shares by the dividend per share. BlackRock MuniYield Michigan Quality Fund pays about $0.65 per share a year, so each share earns $0.65 a year and $0.0550 each month. Shares bought on or after the ex-dividend date don't get the next payment.
Are MIY dividends taxed?
In a U.S. taxable account, yes. Regular dividends from most U.S. companies are qualified, taxed at 0%, 15% or 20%, if you held the shares more than 60 days around the ex-dividend date. Foreign companies may also withhold tax at source. Inside an IRA, Roth IRA or 401(k), dividends aren't taxed when paid.
Figures use SmarterDividends data as of Nov 5, 2026, before tax, and assume the current dividend rate holds. For information only, not investment or tax advice. Back to MIY