BlackRock MuniYield Quality Fund III, Inc.
MYIFinancial Services · Stock · monthly payer
$10.91
Add to PortfolioForward Yield
6.10%
Annual Dividend
$0.67
Payout Ratio
175%
5-Yr Growth
4.5%
Ex-Date
Jun 15, 2026
Frequency
Monthly
MYI Dividend Safety Score
53/ 100
Grade C
Borderline
Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage175% of earnings paid out
Balance-sheet strengthDebt/equity of 0.70
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is MYI a good dividend stock?
MixedBlackRock MuniYield Quality Fund III, Inc. (MYI) pays a monthly dividend yielding 6.10% ($0.67/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2023
- Elevated payout ratio (175%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 6.10%
- Payout Ratio
- 175%
- Annual Dividend
- $0.67
- 5-Yr Avg Growth
- 4.5%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.62
- Market Cap
- $725.2M
- P/E Ratio
- 28.7
- 5-Yr Total Return
- -27%
- 52-Week Range
- $10.20 – $11.46
- Dividend Safety
- C · 53/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.0560 | regular |
| Apr 15, 2026 | — | $0.0560 | regular |
| Mar 13, 2026 | — | $0.0560 | regular |
| Feb 6, 2026 | — | $0.0560 | regular |
| Jan 20, 2026 | — | $0.0560 | regular |
| Dec 22, 2025 | — | $0.0560 | regular |
| Nov 14, 2025 | — | $0.0560 | regular |
| Oct 15, 2025 | — | $0.0560 | regular |
| Sep 15, 2025 | — | $0.0560 | regular |
| Aug 15, 2025 | — | $0.0560 | regular |
| Jul 15, 2025 | — | $0.0560 | regular |
| Jun 13, 2025 | — | $0.0560 | regular |
| May 15, 2025 | — | $0.0560 | regular |
| Apr 15, 2025 | — | $0.0560 | regular |
Income Calculator
At $0.67 / yr per share
Per payment (monthly)$5.58
Annual$67.00
Monthly avg$5.58
