BlackRock MuniYield Quality Fund III, Inc. (MYI) to Issue Monthly Dividend of $0.06 on June 1st

BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) declared a monthly dividend on Friday, February 27th. Stockholders of record on Friday, May 15th will be paid a dividend of 0.0555 per share by the investment management company on Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date is Friday, May 15th.

BlackRock MuniYield Quality Fund III Stock Down 0.5%

Shares of NYSE MYI traded down $0.05 during midday trading on Wednesday, hitting $10.90. The company had a trading volume of 20,310 shares, compared to its average volume of 239,669. BlackRock MuniYield Quality Fund III has a twelve month low of $10.20 and a twelve month high of $11.46. The business has a 50-day simple moving average of $10.88 and a two-hundred day simple moving average of $10.97.

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.