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

BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) declared a monthly dividend on Friday, February 27th. Stockholders 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 dividend yield of 6.0%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock MuniHoldings California Quality Fund Price Performance

NYSE MUC opened at $10.74 on Friday. BlackRock MuniHoldings California Quality Fund has a 1-year low of $10.00 and a 1-year high of $11.04. The stock has a 50-day moving average of $10.73 and a 200-day moving average of $10.74.

Institutional Trading of BlackRock MuniHoldings California Quality Fund

Several hedge funds and other institutional investors have recently bought and sold shares of MUC. WFA of San Diego LLC purchased a new stake in shares of BlackRock MuniHoldings California Quality Fund during the second quarter valued at approximately $26,000. Elyxium Wealth LLC purchased a new position in shares of BlackRock MuniHoldings California Quality Fund in the fourth quarter worth $69,000. Nomura Holdings Inc. bought a new stake in BlackRock MuniHoldings California Quality Fund during the 2nd quarter valued at $104,000. Pasadena Private Wealth LLC bought a new stake in BlackRock MuniHoldings California Quality Fund during the 4th quarter valued at $106,000. Finally, Moody National Bank Trust Division purchased a new stake in BlackRock MuniHoldings California Quality Fund during the 4th quarter valued at $114,000. Institutional investors own 30.99% of the company’s stock.

About BlackRock MuniHoldings California Quality Fund

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.