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

BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.0555 per share by the investment management company on Monday, February 3rd. This represents a $0.67 annualized dividend and a dividend yield of 5.96%. The ex-dividend date of this dividend is Wednesday, January 15th.

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

BlackRock MuniYield Quality Fund III Stock Up 0.4 %

Shares of NYSE:MYI traded up $0.05 on Friday, reaching $11.17. 129,561 shares of the company traded hands, compared to its average volume of 121,331. BlackRock MuniYield Quality Fund III has a 52 week low of $10.83 and a 52 week high of $12.07. The business’s 50-day simple moving average is $11.29 and its 200 day simple moving average is $11.45.

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.