BlackRock MuniYield Quality Fund, Inc. Announces Monthly Distribution, Payable on April 1, 2020
March 02, 2020 at 04:30 pm
Share
BlackRock MuniYield Quality Fund, Inc. announced monthly distribution of $0.053000 per share. Record date is March 16, 2020. Ex-date is March 13, 2020 and dividend will be payable on April 1, 2020.
BlackRock MuniYield Quality Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management. It seeks to achieve its investment objective by investing at least 80% of its assets in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax). The Fund invests in municipal bonds, which are in the three highest quality rating categories or are deemed to be of comparable quality by the investment adviser at the time of investment. It may invest directly in such securities or synthetically through the use of derivatives. It invests in various sectors, such as transportation, health, corporate, education, and tobacco. BlackRock Advisors, LLC is the investment manager of the Fund.