BlackRock MuniHoldings Fund Inc. (MHD) to Issue $0.07 Monthly Dividend
BlackRock MuniHoldings Fund Inc. (NYSE:MHD) declared a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, November 15th will be given a dividend of 0.0745 per share on Friday, December 1st. This represents a $0.89 annualized dividend and a yield of 5.39%. The ex-dividend date is Tuesday, November 14th.
BlackRock MuniHoldings Fund has decreased its dividend by an average of 3.5% annually over the last three years.
About BlackRock MuniHoldings Fund
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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