BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI - Get Free Report) declared a monthly dividend on Wednesday, June 4th, Wall Street Journal reports. Stockholders of record on Friday, June 13th will be given a dividend of 0.0555 per share by the investment management company on Tuesday, July 1st. This represents a $0.67 dividend on an annualized basis and a dividend yield of 6.42%. The ex-dividend date of this dividend is Friday, June 13th.
BlackRock MuniYield Quality Fund III Stock Performance
Shares of NYSE MYI traded down $0.03 during trading hours on Friday, reaching $10.37. 95,389 shares of the stock traded hands, compared to its average volume of 226,928. The company's 50-day simple moving average is $10.51 and its two-hundred day simple moving average is $10.93. BlackRock MuniYield Quality Fund III has a 52-week low of $9.98 and a 52-week high of $12.07.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in BlackRock MuniYield Quality Fund III stock. Geneos Wealth Management Inc. increased its holdings in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI - Free Report) by 803.9% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,053 shares of the investment management company's stock after purchasing an additional 4,494 shares during the period. Geneos Wealth Management Inc.'s holdings in BlackRock MuniYield Quality Fund III were worth $56,000 as of its most recent SEC filing. 34.01% of the stock is owned by hedge funds and other institutional investors.
BlackRock MuniYield Quality Fund III Company Profile
(
Get Free Report)
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.
See Also
Before you consider BlackRock MuniYield Quality Fund III, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackRock MuniYield Quality Fund III wasn't on the list.
While BlackRock MuniYield Quality Fund III currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
