BlackRock MuniYield Quality Fund III, Inc. (MYI) To Go Ex-Dividend on November 13th

BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) announced a monthly dividend on Thursday, September 10th. Shareholders of record on Friday, November 13th will be paid a dividend of $0.0555 per share by the investment management company on Tuesday, December 1st. This represents a $0.67 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Friday, November 13th.

BlackRock MuniYield Quality Fund III Stock Performance

MYI opened at $10.08 on Wednesday. The company’s fifty day moving average price is $9.97 and its two-hundred day moving average price is $10.68. BlackRock MuniYield Quality Fund III has a 1-year low of $9.37 and a 1-year high of $11.46.

Institutional Investors Weigh In On BlackRock MuniYield Quality Fund III

A number of hedge funds have recently modified their holdings of the business. CoreCap Advisors LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund III in the 2nd quarter worth $25,000. Geneos Wealth Management Inc. purchased a new position in BlackRock MuniYield Quality Fund III during the first quarter valued at $42,000. EverSource Wealth Advisors LLC bought a new stake in BlackRock MuniYield Quality Fund III during the first quarter valued at about $44,000. Fifth Third Bancorp bought a new stake in BlackRock MuniYield Quality Fund III during the first quarter valued at about $86,000. Finally, Farther Finance Advisors LLC grew its holdings in BlackRock MuniYield Quality Fund III by 69.4% during the third quarter. Farther Finance Advisors LLC now owns 9,762 shares of the investment management company’s stock valued at $94,000 after purchasing an additional 4,000 shares during the period. Institutional investors own 34.01% of the company’s stock.

About BlackRock MuniYield Quality Fund III

BlackRock MuniYield Quality Fund III, Inc. is a closed-end investment fund that seeks to provide shareholders with current income exempt from regular U.S. federal income tax, while seeking to preserve capital. It invests primarily in municipal bonds and other municipal obligations. The fund’s portfolio may include debt issued by U.S. states, local governments and public authorities to finance public services and infrastructure. Its investments are concentrated in the U.S. municipal securities market, and the fund’s income and risks are affected by the credit quality and financial condition of its issuers.