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

BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYIGet Free Report) announced a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, December 11th will be paid a dividend of 0.0555 per share by the investment management company on Tuesday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Friday, December 11th.

BlackRock MuniYield Quality Fund III Price Performance

BlackRock MuniYield Quality Fund III stock opened at $10.31 on Friday. The firm has a fifty day simple moving average of $10.78 and a two-hundred day simple moving average of $10.86. BlackRock MuniYield Quality Fund III has a twelve month low of $10.28 and a twelve month high of $11.46.

Institutional Trading of BlackRock MuniYield Quality Fund III

Large investors have recently modified their holdings of the business. CoreCap Advisors LLC purchased a new position in BlackRock MuniYield Quality Fund III during the 2nd quarter valued at $25,000. Geneos Wealth Management Inc. bought a new stake in BlackRock MuniYield Quality Fund III during the 1st quarter valued at about $42,000. EverSource Wealth Advisors LLC purchased a new position in BlackRock MuniYield Quality Fund III in the 1st quarter worth approximately $44,000. Elyxium Wealth LLC purchased a new stake in BlackRock MuniYield Quality Fund III during the 4th quarter valued at $69,000. Finally, Comerica Bank increased its holdings in shares of BlackRock MuniYield Quality Fund III by 22,586.2% in the 4th quarter. Comerica Bank now owns 6,579 shares of the investment management company’s stock worth $72,000 after purchasing an additional 6,550 shares in the last quarter. 34.01% of the stock is owned by institutional investors.

BlackRock MuniYield Quality Fund III Company Profile

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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.

Further Reading

Dividend History for BlackRock MuniYield Quality Fund III (NYSE:MYI)

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