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

BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI - Get Free Report) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be paid a dividend of 0.0555 per share by the investment management company on Monday, March 3rd. This represents a $0.67 dividend on an annualized basis and a dividend yield of 5.92%. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock MuniYield Quality Fund III has increased 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 down $0.05 on Friday, reaching $11.26. 140,236 shares of the company's stock traded hands, compared to its average volume of 173,002. The stock's 50 day simple moving average is $11.16 and its two-hundred day simple moving average is $11.43. BlackRock MuniYield Quality Fund III has a 52-week low of $10.83 and a 52-week 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.