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

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) declared a monthly dividend on Friday, December 12th. Shareholders of record on Monday, December 22nd will be given a dividend of 0.051 per share by the investment management company on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Monday, December 22nd.

BlackRock MuniHoldings Quality Fund II Trading Down 0.1%

MUE stock traded down $0.01 during mid-day trading on Friday, reaching $10.00. 229,451 shares of the stock traded hands, compared to its average volume of 71,247. BlackRock MuniHoldings Quality Fund II has a one year low of $9.26 and a one year high of $10.48. The business has a 50-day moving average price of $10.04 and a two-hundred day moving average price of $9.77.

BlackRock MuniHoldings Quality Fund II Company Profile

BlackRock MuniHoldings Quality Fund II (NYSE:MUE) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal income taxes. The fund pursues its objective by investing primarily in a diversified portfolio of investment-grade municipal securities, including general obligation bonds, revenue bonds and insured or prerefunded issues. By focusing on quality issuers, the fund aims to balance income generation with a degree of credit preservation within the tax-free municipal bond market.

The fund’s portfolio typically comprises securities issued by state and local governments across the United States, enabling exposure to a broad range of tax-exempt muni credits.