Looking at the universe of stocks we cover at Dividend Channel, on 6/12/13, BlackRock MuniYield Quality Fund III (MYI) will trade ex-dividend, for its monthly dividend of $0.072, payable on 7/1/13. As a percentage of MYI's recent stock price of $14.55, this dividend works out to approximately 0.49%.
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:
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 5.94% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MYI shares, versus its 200 day moving average:Looking at the chart above, MYI's low point in its 52 week range is $13.51 per share, with $16.54 as the 52 week high point — that compares with a last trade of $14.55.
According to the ETF Finder at ETF Channel, MYI makes up 2.67% of the CEF Municipal Income ETF (XMPT) which is trading lower by about 1% on the day Monday. In Monday trading, BlackRock MuniYield Quality Fund III shares are currently off about 1.4% on the day.