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

BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) declared a monthly dividend on Friday, January 2nd. Stockholders of record on Friday, March 13th will be paid 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 6.1%. The ex-dividend date of this dividend is Friday, March 13th.

BlackRock MuniYield Quality Fund III Stock Performance

Shares of BlackRock MuniYield Quality Fund III stock traded down $0.03 during trading on Wednesday, reaching $11.01. 48,730 shares of the stock were exchanged, compared to its average volume of 169,098. BlackRock MuniYield Quality Fund III has a 1 year low of $9.98 and a 1 year high of $11.46. The stock’s fifty day moving average is $11.11 and its 200 day moving average is $10.99.

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.