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

BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) announced a monthly dividend on Friday, June 5th. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.0555 per share by the investment management company on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 6.5%. The ex-dividend date of this dividend is Tuesday, September 15th.

BlackRock MuniYield Quality Fund III Price Performance

Shares of MYI traded up $0.01 during mid-day trading on Friday, hitting $10.32. The company’s stock had a trading volume of 395,199 shares, compared to its average volume of 302,333. The company’s 50-day moving average is $10.76 and its 200-day moving average is $10.86. BlackRock MuniYield Quality Fund III has a 52-week low of $10.26 and a 52-week high of $11.46.

BlackRock MuniYield Quality Fund III Company Profile

BlackRock MuniYield Quality Fund III, Inc (NYSE: MYI) is a closed-end investment company that seeks to provide current income exempt from regular U.S. federal income tax. The fund invests primarily in a portfolio of municipal bonds and other municipal obligations issued by states, cities, counties, and related public entities.

The fund generally focuses on investment-grade municipal securities, although it may also invest in lower-rated obligations when permitted by its investment policies.