Cash Dividend On The Way From BlackRock MuniYield Quality Fund III, Inc. (MYI)

Tickers in this article: MYI XMPT
Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, BlackRock MuniYield Quality Fund III, Inc. MYI will trade ex-dividend, for its monthly dividend of $0.072, payable on 5/1/13. As a percentage of MYI's recent stock price of $15.17, this dividend works out to approximately 0.47%.

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Below is a dividend history chart for MYI, showing historical dividends prior to the most recent $0.072 declared by BlackRock MuniYield Quality Fund III, Inc.:

MYI+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MYI is likely to continue, and whether the current estimated yield of 5.70% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, MYI makes up 2.69% of the CEF Municipal Income ETF XMPT which is trading relatively unchanged on the day Tuesday.

In Tuesday trading, BlackRock MuniYield Quality Fund III, Inc. shares are currently up about 0.1% on the day.