# Blackrock MuniYield Quality Fund III Inc (MYI) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Financial Services / Capital Markets. Price $10.12, market value $1.2 billion.

## Valuation
- **P/E (trailing): 12.0×** (5-yr avg 16.2×, 3-yr avg 16.2×). Blackrock MuniYield Quality Fund III Inc trades at 12.0× trailing earnings, well below its own five-year average of 16.2×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 21.8×**. Each dollar of revenue is priced at 21.8×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 2.9%** (5-yr avg 12.5%). Free cash flow equals 2.9% of the market value, below its five-year average of 12.5%, so the shares are pricier on cash than usual.
- **Earnings yield: 8.3%**. The inverse of the P/E: 8.3% of the price is earned each year.

## Profitability
- **Net margin: 98.6%**. 98.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 3.9%**. 3.9% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 2.3%**. Each dollar of assets produces 2.3% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 46.9%**. Revenue grew 46.9% over the last year.
- **Free-cash-flow growth (3 yr): -3.1%/yr**. Free cash flow has compounded at -3.1% a year over three years.

## Dividends
- **Dividend yield: 6.58%** ($0.67 per share, trailing). Blackrock MuniYield Quality Fund III Inc yields 6.58%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 101%** (158% of free cash flow). The dividend exceeds earnings (101% payout), which is rarely sustainable outside REITs and one-off years.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): 3.7%/yr** (1-yr 0.0%). The dividend has grown 3.7% a year over five years.

## Price and momentum
- **Total return (1 yr): -4.2%** (YTD -3.7%, 3-mo -6.0%). The shares are down 4.2% over twelve months including dividends.
- **From 52-week high: -11.7%** (8.0% above the low). Trading 12% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 60**. An RSI of 60 is neutral.
- **Beta (1 yr): 0.25** (volatility 11%). Beta of 0.25 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MYI · Page: https://foliofundamentals.com/stocks/myi

Not investment advice.