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

BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI - Get Free Report) declared a monthly dividend on Monday, May 5th, Wall Street Journal reports. Investors of record on Thursday, May 15th will be paid a dividend of 0.0555 per share by the investment management company on Monday, June 2nd. This represents a $0.67 dividend on an annualized basis and a yield of 6.22%. The ex-dividend date of this dividend is Thursday, May 15th.

BlackRock MuniYield Quality Fund III has raised its dividend payment by an average of 2.5% annually over the last three years.

BlackRock MuniYield Quality Fund III Stock Performance

Shares of MYI traded up $0.02 during midday trading on Friday, reaching $10.71. The stock had a trading volume of 105,582 shares, compared to its average volume of 228,705. The firm has a 50 day simple moving average of $10.71 and a 200-day simple moving average of $11.04. BlackRock MuniYield Quality Fund III has a one year low of $9.98 and a one year high of $12.07.

About BlackRock MuniYield Quality Fund III

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.