GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BLACKROCK MUNIYIELD QUALITY FUND III, INC. (NYSE:MYI) » Definitions » Shareholder Yield %

BLACKROCK MUNIYIELD QUALITY FUND III, (BLACKROCK MUNIYIELD QUALITY FUND III,) Shareholder Yield % : 33.56% (As of Jan. 2024)


View and export this data going back to . Start your Free Trial

What is BLACKROCK MUNIYIELD QUALITY FUND III, Shareholder Yield %?

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, BLACKROCK MUNIYIELD QUALITY FUND III,'s Shareholder Yield % was 33.56%.


BLACKROCK MUNIYIELD QUALITY FUND III, Shareholder Yield % Historical Data

The historical data trend for BLACKROCK MUNIYIELD QUALITY FUND III,'s Shareholder Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BLACKROCK MUNIYIELD QUALITY FUND III, Shareholder Yield % Chart

BLACKROCK MUNIYIELD QUALITY FUND III, Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Shareholder Yield %
Get a 7-Day Free Trial 4.46 3.94 3.99 5.05 -8.46

BLACKROCK MUNIYIELD QUALITY FUND III, Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Shareholder Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.57 5.05 -19.93 -8.46 33.52

Competitive Comparison of BLACKROCK MUNIYIELD QUALITY FUND III,'s Shareholder Yield %

For the Asset Management subindustry, BLACKROCK MUNIYIELD QUALITY FUND III,'s Shareholder Yield %, along with its competitors' market caps and Shareholder Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BLACKROCK MUNIYIELD QUALITY FUND III,'s Shareholder Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BLACKROCK MUNIYIELD QUALITY FUND III,'s Shareholder Yield % distribution charts can be found below:

* The bar in red indicates where BLACKROCK MUNIYIELD QUALITY FUND III,'s Shareholder Yield % falls into.



BLACKROCK MUNIYIELD QUALITY FUND III, Shareholder Yield % Calculation

BLACKROCK MUNIYIELD QUALITY FUND III,'s Shareholder Yield % for the quarter that ended in Jan. 2024 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=4.57 %+2.88 %+26.07 %
=33.52 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


BLACKROCK MUNIYIELD QUALITY FUND III,  (NYSE:MYI) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


BLACKROCK MUNIYIELD QUALITY FUND III, Shareholder Yield % Related Terms

Thank you for viewing the detailed overview of BLACKROCK MUNIYIELD QUALITY FUND III,'s Shareholder Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


BLACKROCK MUNIYIELD QUALITY FUND III, (BLACKROCK MUNIYIELD QUALITY FUND III,) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BLACKROCK MUNIYIELD QUALITY FUND III, INC. is a diversified, closed-ended investment management company. Its investment objective is to provide shareholders with a high level of current income exempt from U.S. federal income taxes as is consistent with its investment policies and prudent investment management. The company invests in various sectors such as Transportation; Utilities; Health; Education; Tobacco and others.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Td Securities (usa) Llc 10 percent owner ONE VANDERBILT AVENUE, NEW YORK NY 10017
Td Group Us Holdings Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Toronto Dominion Holdings Usa Inc 10 percent owner 40 WALL STREET, NEW YORK NY 10003
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660