BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) Declares $0.06 Monthly Dividend

BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) announced a monthly dividend on Thursday, August 1st, NASDAQ reports. Stockholders of record on Thursday, August 15th will be given a dividend of 0.0555 per share by the investment management company on Tuesday, September 3rd. This represents a $0.67 dividend on an annualized basis and a dividend yield of 5.76%. The ex-dividend date is Thursday, August 15th.

BlackRock MuniYield Quality Fund III has decreased its dividend payment by an average of 3.4% per year over the last three years.

BlackRock MuniYield Quality Fund III Stock Performance

Shares of MYI traded up $0.07 on Friday, reaching $11.56. 245,456 shares of the stock traded hands, compared to its average volume of 216,341. BlackRock MuniYield Quality Fund III has a 12 month low of $9.32 and a 12 month high of $11.70. The stock’s 50-day moving average price is $11.19 and its 200-day moving average price is $11.23.

BlackRock MuniYield Quality Fund III Company Profile

BlackRock MuniYield Quality Fund III, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in a portfolio of long-term investment-grade municipal obligations exempt from federal income taxes.