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

Key Points

• Monthly dividend: BlackRock MuniYield Quality Fund III (NYSE:MYI) declared a monthly dividend of $0.0555 per share, payable May 1 to shareholders of record on April 15 with an ex-dividend date of April 15, implying an annualized yield of 6.0%.
• Fund objective: MYI is a closed-end fund that seeks a high level of current income exempt from federal income tax by allocating at least 80% of its assets to investment-grade municipal securities.
• Market snapshot: Shares opened at $11.06, with a 12-month range of $10.16 to $11.46 and both the 50-day and 200-day simple moving averages near $10.98.

BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI - Get Free Report) announced a monthly dividend on Friday, February 27th. Shareholders of record on Wednesday, April 15th will be paid a dividend of 0.0555 per share by the investment management company on Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date is Wednesday, April 15th.

BlackRock MuniYield Quality Fund III Stock Up 0.1%

Shares of MYI stock opened at $11.06 on Monday. BlackRock MuniYield Quality Fund III has a 12 month low of $10.16 and a 12 month high of $11.46. The company has a 50 day simple moving average of $10.98 and a two-hundred day simple moving average of $10.98.

BlackRock MuniYield Quality Fund III Company Profile

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.

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