BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) Announces $0.05 Monthly Dividend

BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Stockholders of record on Wednesday, May 15th will be paid a dividend of 0.0485 per share on Monday, June 3rd. This represents a $0.58 dividend on an annualized basis and a dividend yield of 5.38%. The ex-dividend date is Tuesday, May 14th.

BlackRock MuniHoldings California Quality Fund has decreased its dividend payment by an average of 10.4% annually over the last three years.

BlackRock MuniHoldings California Quality Fund Price Performance

Shares of NYSE:MUC traded up $0.09 during midday trading on Friday, hitting $10.83. The stock had a trading volume of 194,982 shares, compared to its average volume of 262,742. BlackRock MuniHoldings California Quality Fund has a 12 month low of $9.19 and a 12 month high of $11.30. The business’s 50-day simple moving average is $10.92 and its 200-day simple moving average is $10.73.

BlackRock MuniHoldings California Quality Fund Company Profile

BlackRock MuniHoldings California Quality Fund, 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, the interest on which is exempt from Federal and California income taxes.