BlackRock MuniHoldings California Quality Fund, Inc. (MUC) to Issue Monthly Dividend of $0.05 on July 1st

BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) announced a monthly dividend on Friday, February 27th. Shareholders of record on Monday, June 15th will be given a dividend of 0.0535 per share on Wednesday, July 1st. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date is Monday, June 15th.

BlackRock MuniHoldings California Quality Fund Price Performance

MUC stock traded down $0.07 during midday trading on Friday, hitting $10.74. 404,160 shares of the company’s stock were exchanged, compared to its average volume of 315,204. BlackRock MuniHoldings California Quality Fund has a 12-month low of $10.00 and a 12-month high of $11.04. The firm has a 50 day moving average price of $10.73 and a 200-day moving average price of $10.74.

BlackRock MuniHoldings California Quality Fund Company Profile

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.