BlackRock MuniYield Quality Fund III, Inc. (MYI) to Issue Monthly Dividend of $0.06 on December 31st

BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) announced a monthly dividend on Friday, December 12th. Investors of record on Monday, December 22nd will be paid a dividend of 0.0555 per share by the investment management company on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Monday, December 22nd.

BlackRock MuniYield Quality Fund III Price Performance

NYSE:MYI traded up $0.03 during mid-day trading on Friday, reaching $10.85. The company’s stock had a trading volume of 244,719 shares, compared to its average volume of 205,848. The firm’s fifty day moving average price is $10.98 and its two-hundred day moving average price is $10.73. BlackRock MuniYield Quality Fund III has a 12-month low of $9.98 and a 12-month high of $11.46.

BlackRock MuniYield Quality Fund III Company Profile

BlackRock MuniYield Quality Fund III (NYSE: MYI) is a closed-end management investment company that seeks to provide investors with a high level of current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of investment-grade municipal securities, including bonds, notes and other debt obligations issued by state and local governments, agencies and authorities across the United States.

In managing its portfolio, the fund generally allocates at least 80% of its total assets to investment-grade municipal debt instruments.