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BlackRock MuniYield Quality Fund II director acquires $102 in stock

Published 10/30/2024, 03:16 PM
MQT
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Stayce D. Harris, a director at BlackRock (NYSE:BLK) MuniYield Quality Fund II, Inc. (NYSE:MQT), recently acquired 10 shares of the company's common stock. The shares were purchased at a price of $10.28 each, totaling approximately $102. This transaction took place on October 29, 2024, and reflects Harris's direct ownership in the fund.

InvestingPro Insights

Following Director Stayce D. Harris's recent acquisition of BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) shares, investors might find additional context from InvestingPro's real-time data and tips valuable.

As of the latest data, MQT boasts a market capitalization of $228.64 million, with a price-to-earnings ratio of 23.19. This valuation comes alongside a notable dividend yield of 5.95%, which may be particularly attractive to income-focused investors. An InvestingPro Tip highlights that MQT has maintained dividend payments for 33 consecutive years, underscoring the fund's commitment to shareholder returns.

Despite recent market fluctuations, MQT has demonstrated resilience with a 25.38% price total return over the past year. This performance is complemented by another InvestingPro Tip indicating that the stock generally trades with low price volatility, which could appeal to investors seeking stability in their portfolio.

For those interested in a deeper analysis, InvestingPro offers 6 additional tips that could provide further insights into MQT's investment potential. These tips, available through the InvestingPro product, can help investors make more informed decisions about this municipal bond fund.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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