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

BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be given 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 5.93%. The ex-dividend date of this dividend is Friday, February 14th.

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

BlackRock MuniYield Quality Fund III Stock Up 0.6 %

Shares of MYI traded up $0.07 during midday trading on Tuesday, reaching $11.23. 150,555 shares of the stock were exchanged, compared to its average volume of 179,039. BlackRock MuniYield Quality Fund III has a twelve month low of $10.83 and a twelve month high of $12.07. The stock’s 50 day simple moving average is $11.18 and its 200 day simple moving average is $11.44.

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.