Blackrock Muniholdings Fund II Inc. (MUH) Announces Monthly Dividend of $0.08
Blackrock Muniholdings Fund II (NYSE:MUH) declared a monthly dividend on Friday, January 3rd, American Banking News.com reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.083 per share on Monday, February 3rd. This represents a $1.00 dividend on an annualized basis and a yield of 7.37%. The ex-dividend date of this dividend is Monday, January 13th.
Shares of Blackrock Muniholdings Fund II (NYSE:MUH) traded up 0.82% on Friday, hitting $13.52. 26,264 shares of the company’s stock traded hands. Blackrock Muniholdings Fund II has a 1-year low of $13.06 and a 1-year high of $18.50. The stock has a 50-day moving average of $13.44 and a 200-day moving average of $13.79. The company has a market cap of $152.8 million and a P/E ratio of 7.05.
BlackRock MuniHoldings Fund II, Inc (NYSE:MUH) seeks to provide shareholders with current income exempt from federal income taxes by investing primarily in a portfolio of long-term, investment grade municipal obligations the interest on which, in the opinion of bond counsel to the issuer, is exempt from federal income taxes.
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