BlackRock MuniHoldings Fund Inc. to Issue Monthly Dividend of $0.07 (MHD)
BlackRock MuniHoldings Fund Inc. (NYSE:MHD) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Investors of record on Monday, October 16th will be given a dividend of 0.0745 per share on Wednesday, November 1st. This represents a $0.89 annualized dividend and a yield of 5.15%. The ex-dividend date of this dividend is Friday, October 13th.
BlackRock MuniHoldings Fund has decreased its dividend payment by an average of 3.5% annually over the last three years.
Shares of BlackRock MuniHoldings Fund (MHD) traded up 0.06% during midday trading on Tuesday, reaching $17.38. 20,556 shares of the company’s stock were exchanged. BlackRock MuniHoldings Fund has a 12 month low of $15.54 and a 12 month high of $18.38. The firm has a 50 day moving average price of $17.64 and a 200 day moving average price of $17.27.
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BlackRock MuniHoldings Fund Company Profile
BlackRock MuniHoldings Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide shareholders with current income exempt from federal income taxes. The Fund seeks to achieve its investment objective by investing approximately 80% of its assets in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax).
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