
BlackRock MuniYield Pennsylvania Quality Fund (MPA) Dividend
BlackRock MuniYield Pennsylvania Quality Fund · Financial Services · Asset Management · monthly payer
As of Nov 12, 2026, BlackRock MuniYield Pennsylvania Quality Fund (MPA) pays a monthly dividend of $0.0480 per share, or $0.57 a year, a 5.55% yield at its $10.32 share price. The next ex-dividend date is Nov 13, 2026, paid Nov 27, 2026. It has raised its dividend 2 years in a row and has a dividend safety grade of C.
Forward Yield
5.55%
Annual Dividend
$0.57
Payout Ratio
63%
5-Yr Growth
4.7%
Ex-Date
Nov 13, 2026
Frequency
Monthly
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Key facts about MPA's dividend
Data as of · Source: SmarterDividends data
- As of Nov 12, 2026, BlackRock MuniYield Pennsylvania Quality Fund (MPA) has a forward dividend yield of 5.55%, based on an annual dividend of $0.57 per share and a share price of $10.32.
- As of Nov 12, 2026, MPA's dividend safety grade from SmarterDividends is C (53 out of 100), which rates the dividend as borderline.
- By SmarterDividends' count, BlackRock MuniYield Pennsylvania Quality Fund (MPA) has raised its dividend for 2 consecutive years as of Nov 12, 2026.
- MPA last cut its regular dividend in 2023.
- MPA's next ex-dividend date is Nov 13, 2026, with payment on Nov 27, 2026. Shares must be owned before that date to receive the dividend.
- As of Nov 12, 2026, MPA pays out 63% of its trailing 12-month earnings as dividends (its payout ratio).
- MPA's dividend has grown at an average rate of 4.7% a year over the past five years.
- As of Nov 12, 2026, SmarterDividends' blended fair-value estimate for MPA is $12.99 per share, 26% above the $10.32 share price, so MPA screens as undervalued.
- BlackRock MuniYield Pennsylvania Quality Fund (MPA) pays its dividend monthly, 12 times a year.
- BlackRock MuniYield Pennsylvania Quality Fund (MPA) has raised its regular dividend 29 times and cut it 37 times across the 337 payments on record since 1993. Its most recent change was a 27.3% cut to $0.0480 per share, going ex-dividend on Dec 22, 2025.
Cite this page
SmarterDividends, "MPA Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 12, 2026, https://smarterdividends.com/stocks/MPA
Is MPA a good dividend stock?
MixedBlackRock MuniYield Pennsylvania Quality Fund (MPA) pays a monthly dividend yielding 5.55% ($0.57/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2023
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.55%
- Payout Ratio
- 63%
- Annual Dividend
- $0.57
- 5-Yr Avg Growth
- 4.7%
- Ex-Dividend Date
- Nov 13, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.63
- Market Cap
- $133.6M
- P/E Ratio
- 10.1
- 5-Yr Total Return
- -37%
- 52-Week Range
- $9.51 – $11.87
- Dividend Safety
- C · 53/100
- Ever Cut?
- Yes (2023)
MPA dividend raises and cuts
BlackRock MuniYield Pennsylvania Quality Fund (MPA) has raised its regular dividend 29 times and cut it 37 times across the 337 payments on record since 1993. Its most recent change was a 27.3% cut to $0.0480 per share, going ex-dividend on Dec 22, 2025.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Dec 22, 2025 | Cut | $0.0660 → $0.0480 | −27.3% |
| Jun 14, 2024 | Raise | $0.0480 → $0.0660 | +37.5% |
| Dec 14, 2023 | Raise | $0.0340 → $0.0480 | +41.2% |
| Dec 15, 2022 | Cut | $0.0440 → $0.0340 | −22.7% |
| Oct 13, 2022 | Cut | $0.0550 → $0.0440 | −20.0% |
| Jun 12, 2020 | Raise | $0.0460 → $0.0550 | +19.6% |
| Jul 12, 2019 | Cut | $0.0530 → $0.0460 | −13.2% |
| Dec 12, 2018 | Cut | $0.0560 → $0.0530 | −5.4% |
| Mar 14, 2018 | Cut | $0.0620 → $0.0560 | −9.7% |
| Jan 12, 2018 | Cut | $0.0630 → $0.0620 | −1.6% |
| Dec 11, 2017 | Raise | $0.0620 → $0.0630 | +1.6% |
| Jun 13, 2016 | Cut | $0.0680 → $0.0620 | −8.8% |
Show all 66 changes since 1993
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 11, 2016 | Cut | $0.0720 → $0.0680 | −5.6% |
| Aug 12, 2015 | Raise | $0.0710 → $0.0720 | +1.4% |
| Jul 13, 2015 | Cut | $0.0720 → $0.0710 | −1.4% |
| Jun 11, 2015 | Raise | $0.0370 → $0.0720 | +94.6% |
| May 13, 2015 | Cut | $0.106 → $0.0370 | −65.1% |
| Apr 8, 2015 | Raise | $0.0720 → $0.106 | +47.2% |
| Mar 11, 2015 | Cut | $0.0740 → $0.0720 | −2.7% |
| Jun 13, 2012 | Cut | $0.0770 → $0.0740 | −3.9% |
| Jan 12, 2011 | Raise | $0.0750 → $0.0770 | +2.7% |
| Sep 13, 2010 | Raise | $0.0720 → $0.0750 | +4.2% |
| Jun 11, 2010 | Raise | $0.0710 → $0.0720 | +1.4% |
| Mar 11, 2010 | Raise | $0.0660 → $0.0710 | +7.6% |
| Jun 11, 2009 | Raise | $0.0530 → $0.0660 | +24.5% |
| Jun 12, 2008 | Cut | $0.0560 → $0.0530 | −5.4% |
| Jun 13, 2007 | Cut | $0.0580 → $0.0560 | −3.4% |
| Dec 13, 2006 | Cut | $0.0610 → $0.0580 | −4.9% |
| Jun 9, 2006 | Cut | $0.0630 → $0.0610 | −3.2% |
| Apr 12, 2006 | Cut | $0.0670 → $0.0630 | −6.0% |
| Jan 13, 2006 | Cut | $0.0750 → $0.0670 | −10.7% |
| Sep 12, 2005 | Cut | $0.0800 → $0.0750 | −6.3% |
| Jan 14, 2005 | Cut | $0.0830 → $0.0800 | −3.6% |
| Feb 11, 2004 | Raise | $0.0820 → $0.0830 | +1.2% |
| Jan 14, 2004 | Cut | $0.0890 → $0.0820 | −7.9% |
| Dec 15, 2003 | Raise | $0.0820 → $0.0890 | +8.5% |
| Feb 13, 2002 | Raise | $0.0790 → $0.0820 | +3.8% |
| Oct 12, 2001 | Raise | $0.0720 → $0.0790 | +9.7% |
| Aug 16, 2001 | Raise | $0.0700 → $0.0720 | +2.9% |
| May 14, 2001 | Raise | $0.0680 → $0.0700 | +2.9% |
| Feb 14, 2001 | Raise | $0.0660 → $0.0680 | +3.0% |
| Jan 11, 2001 | Raise | $0.0640 → $0.0660 | +3.1% |
| Dec 18, 2000 | Cut | $0.0650 → $0.0640 | −1.5% |
| Nov 16, 2000 | Raise | $0.0640 → $0.0650 | +1.6% |
| Oct 13, 2000 | Cut | $0.0650 → $0.0640 | −1.5% |
| Sep 14, 2000 | Cut | $0.0660 → $0.0650 | −1.5% |
| Aug 16, 2000 | Raise | $0.0650 → $0.0660 | +1.5% |
| Oct 12, 1994 | Cut | $0.0730 → $0.0710 | −2.7% |
| Sep 13, 1994 | Raise | $0.0700 → $0.0730 | +4.3% |
| Aug 15, 1994 | Raise | $0.0690 → $0.0700 | +1.4% |
| Jul 12, 1994 | Cut | $0.0710 → $0.0690 | −2.8% |
| Jun 14, 1994 | Cut | $0.0740 → $0.0710 | −4.1% |
| May 11, 1994 | Cut | $0.0750 → $0.0740 | −1.3% |
| Apr 12, 1994 | Cut | $0.0790 → $0.0750 | −5.1% |
| Mar 15, 1994 | Cut | $0.0800 → $0.0790 | −1.3% |
| Feb 9, 1994 | Cut | $0.0810 → $0.0800 | −1.2% |
| Jan 11, 1994 | Cut | $0.0830 → $0.0810 | −2.4% |
| Nov 12, 1993 | Raise | $0.0820 → $0.0830 | +1.2% |
| Oct 12, 1993 | Cut | $0.0830 → $0.0820 | −1.2% |
| Sep 14, 1993 | Raise | $0.0810 → $0.0830 | +2.5% |
| Aug 16, 1993 | Raise | $0.0790 → $0.0810 | +2.5% |
| Jul 13, 1993 | Cut | $0.0810 → $0.0790 | −2.5% |
| Jun 14, 1993 | Raise | $0.0770 → $0.0810 | +5.2% |
| May 12, 1993 | Cut | $0.0800 → $0.0770 | −3.8% |
| Apr 13, 1993 | Raise | $0.0770 → $0.0800 | +3.9% |
| Mar 15, 1993 | Cut | $0.0830 → $0.0770 | −7.2% |
Frequently Asked Questions
Is MPA a good dividend stock?
Mixed. BlackRock MuniYield Pennsylvania Quality Fund (MPA) pays a monthly dividend yielding 5.55% ($0.57/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is MPA undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MPA's fair value is about $12.99 versus a $10.32 share price — so it looks undervalued (+26% vs. fair value).
Is MPA's dividend safe?
MPA has a dividend-safety grade of C (53/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2023, debt and yield-versus-history.
What is MPA's fair value?
Our blended fair-value estimate for MPA is about $12.99 per share, roughly 26% above the current $10.32 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is MPA a buy, hold, or sell?
We don't issue formal ratings, but on the data MPA screens as "mixed" and undervalued. BlackRock MuniYield Pennsylvania Quality Fund (MPA) pays a monthly dividend yielding 5.55% ($0.57/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will MPA cut its dividend?
MPA earns a dividend-safety grade of C (53/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does MPA pay a dividend?
Yes. BlackRock MuniYield Pennsylvania Quality Fund pays a monthly dividend of about $0.57 per share annually, a forward yield of roughly 5.55%.
How much dividend does 100 shares of MPA pay?
At $0.57 per share a year, 100 shares of MPA pay $57.00 a year in dividends before tax, about $4.75 each month. Buying them costs about $1,032 at the Nov 12, 2026 price.
What is MPA's dividend yield?
As of Nov 12, 2026, MPA's forward dividend yield is 5.55%, based on a $0.57 annual dividend and a $10.32 share price.
What is MPA's dividend per share?
As of Nov 12, 2026, MPA pays $0.57 per share per year, distributed on a monthly basis.
What is MPA's dividend payout ratio?
As of Nov 12, 2026, MPA's payout ratio is 63% of trailing 12-month earnings — a moderate level that's generally sustainable.
How many years has MPA grown its dividend?
As of Nov 12, 2026, MPA has increased its dividend for 2 consecutive years.
When is the next MPA ex-dividend date?
As of Nov 12, 2026, the next ex-dividend date on record for MPA is Nov 13, 2026.
MPA Price — Last 12 Months
Daily close
Price Return
1 Year
-8%
3 Years
-8%
5 Years
-37%
52-Week Range
$9.51 – $11.87
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MPA worth?
Undervaluedmedium confidenceOur blended fair-value estimate for BlackRock MuniYield Pennsylvania Quality Fund is $12.99 per share, versus a market price of $10.32. That implies 26% of upside — a margin of safety of about 21%.
Fair Value
$12.99
Current Price
$10.32
Upside
+26%
Margin of Safety
21%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 3.7% growth for five years fading to 2.5% over the next five, $1.02 EPS, $0.57 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MPA Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full MPA dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 15, 2026 | Nov 2, 2026 | $0.0480 | regular |
| Sep 15, 2026 | Oct 1, 2026 | $0.0480 | regular |
| Aug 14, 2026 | Sep 1, 2026 | $0.0480 | regular |
| Jul 15, 2026 | Aug 3, 2026 | $0.0480 | regular |
| Jun 15, 2026 | Jul 1, 2026 | $0.0480 | regular |
| May 15, 2026 | Jun 1, 2026 | $0.0480 | regular |
| Apr 15, 2026 | May 1, 2026 | $0.0480 | regular |
| Mar 13, 2026 | Apr 1, 2026 | $0.0480 | regular |
| Feb 13, 2026 | Mar 2, 2026 | $0.0480 | regular |
| Jan 20, 2026 | Feb 2, 2026 | $0.0480 | regular |
| Dec 22, 2025 | Dec 31, 2025 | $0.0480 | regular |
| Nov 14, 2025 | Dec 1, 2025 | $0.0660 | regular |
| Oct 15, 2025 | Nov 3, 2025 | $0.0660 | regular |
| Sep 15, 2025 | Oct 1, 2025 | $0.0660 | regular |
Income Calculator
At $0.57 / yr per share
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