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

by · The Cerbat Gem

BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC – Get Free Report) announced a monthly dividend on Friday, June 5th. Shareholders of record on Friday, August 14th will be paid a dividend of 0.0535 per share on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date is Friday, August 14th.

BlackRock MuniHoldings California Quality Fund Price Performance

Shares of MUC opened at $10.79 on Wednesday. The company’s 50-day simple moving average is $10.82 and its 200-day simple moving average is $10.78. BlackRock MuniHoldings California Quality Fund has a 1 year low of $10.08 and a 1 year high of $11.16.

BlackRock MuniHoldings California Quality Fund Company Profile

(Get Free Report)

BlackRock MuniHoldings California Quality Fund (NYSE: MUC) is a closed-end management investment company that seeks to provide high-quality, federally and California tax-exempt income. The fund primarily invests in investment-grade municipal obligations issued by or on behalf of entities located in California, including general obligation bonds and revenue bonds that finance public projects such as schools, transportation infrastructure and utilities.

The fund’s portfolio construction emphasizes credit quality and geographic concentration, targeting bonds rated at or above investment grade by nationally recognized statistical rating organizations.

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