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

BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) announced a monthly dividend on Friday, January 2nd. Stockholders of record on Friday, March 13th will be given a dividend of 0.0555 per share by the investment management company on Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date is Friday, March 13th.

BlackRock MuniYield Quality Fund III Stock Performance

Shares of MYI remained flat at $11.03 during trading hours on Wednesday. 31,163 shares of the stock were exchanged, compared to its average volume of 168,739. The stock has a 50-day moving average of $11.11 and a two-hundred day moving average of $10.99. BlackRock MuniYield Quality Fund III has a 1 year low of $9.98 and a 1 year high of $11.46.

About BlackRock MuniYield Quality Fund III

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.