Blackrock Muniholdings Insured Fund II (NYSE:MUE) to Issue Monthly Dividend of $0.04
Blackrock Muniholdings Insured Fund II (NYSE:MUE) declared a monthly dividend on Tuesday, October 1st, Zacks reports. Investors of record on Tuesday, October 15th will be given a dividend of 0.044 per share by the investment management company on Friday, November 1st. This represents a $0.53 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date is Friday, October 11th.
Blackrock Muniholdings Insured Fund II has decreased its dividend by an average of 4.2% annually over the last three years.
Shares of NYSE MUE traded up $0.04 during mid-day trading on Thursday, reaching $12.83. The company had a trading volume of 5,324 shares, compared to its average volume of 50,336. The firm has a 50 day simple moving average of $12.79 and a two-hundred day simple moving average of $12.48. Blackrock Muniholdings Insured Fund II has a 52-week low of $11.28 and a 52-week high of $13.00.
BlackRock MuniHoldings Quality Fund II, 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 of the United States. It primarily invests in long-term, investment grade municipal obligations exempt from federal income taxes.
Featured Article: Hedge Funds
Receive News & Ratings for Blackrock Muniholdings Insured Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Muniholdings Insured Fund II and related companies with MarketBeat.com's FREE daily email newsletter.