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BlackRock MuniYield Quality Fund III NYSE:MYI Stock Report

Last Price

US$10.92

Market Cap

US$744.2m

7D

-0.7%

1Y

-1.3%

Updated

25 Apr, 2024

Data

Company Financials

BlackRock MuniYield Quality Fund III, Inc.

NYSE:MYI Stock Report

Market Cap: US$744.2m

MYI Stock Overview

BlackRock MuniYield Quality Fund III, Inc.

MYI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends3/6

BlackRock MuniYield Quality Fund III, Inc. Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for BlackRock MuniYield Quality Fund III
Historical stock prices
Current Share PriceUS$10.92
52 Week HighUS$11.70
52 Week LowUS$9.32
Beta0.43
1 Month Change-4.21%
3 Month Change-2.06%
1 Year Change-1.27%
3 Year Change-23.42%
5 Year Change-15.94%
Change since IPO-27.20%

Recent News & Updates

BlackRock MuniYield Quality Fund III declares $0.0405 dividend

Feb 03

BlackRock MuniYield Quality Fund III declares $0.0405 dividend

Dec 12

BlackRock MuniYield Quality Fund III declares $0.0405 dividend

Nov 07

BlackRock MuniYield Quality Fund III declines dividend by 21.4% to $0.0405

Oct 06

BlackRock MuniYield Quality Fund III declares $0.0515 dividend

Sep 02

Recent updates

Shareholder Returns

MYIUS Capital MarketsUS Market
7D-0.7%1.9%1.0%
1Y-1.3%28.1%21.9%

Return vs Industry: MYI underperformed the US Capital Markets industry which returned 31.6% over the past year.

Return vs Market: MYI underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is MYI's price volatile compared to industry and market?
MYI volatility
MYI Average Weekly Movement1.2%
Capital Markets Industry Average Movement3.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: MYI has not had significant price volatility in the past 3 months.

Volatility Over Time: MYI's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1992n/an/awww.blackrock.com/investing/products/240262/blackrock-muniyield-quality-fund-iii-inc-fund

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.

BlackRock MuniYield Quality Fund III, Inc. Fundamentals Summary

How do BlackRock MuniYield Quality Fund III's earnings and revenue compare to its market cap?
MYI fundamental statistics
Market capUS$744.21m
Earnings (TTM)US$24.80m
Revenue (TTM)US$59.31m

30.0x

P/E Ratio

12.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MYI income statement (TTM)
RevenueUS$59.31m
Cost of RevenueUS$0
Gross ProfitUS$59.31m
Other ExpensesUS$34.51m
EarningsUS$24.80m

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.36
Gross Margin100.00%
Net Profit Margin41.81%
Debt/Equity Ratio58.0%

How did MYI perform over the long term?

See historical performance and comparison

Dividends

6.1%

Current Dividend Yield

138%

Payout Ratio
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