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. Shareholders of record on Thursday, August 15th will be paid 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 of this dividend is Thursday, August 15th.

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

BlackRock MuniYield Quality Fund III Trading Up 0.6 %

Shares of MYI stock traded up $0.07 during trading hours on Friday, reaching $11.56. The company’s stock had a trading volume of 245,456 shares, compared to its average volume of 216,341. The firm’s 50 day simple moving average is $11.19 and its 200-day simple moving average is $11.23. BlackRock MuniYield Quality Fund III has a fifty-two week low of $9.32 and a fifty-two week high of $11.70.

About BlackRock MuniYield Quality Fund III

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.