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

BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) announced a monthly dividend on Friday, February 27th. Investors 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 Trading Down 0.6%

BlackRock MuniHoldings California Quality Fund stock traded down $0.07 during trading hours on Friday, reaching $10.74. 404,160 shares of the stock were exchanged, compared to its average volume of 315,204. BlackRock MuniHoldings California Quality Fund has a twelve month low of $10.00 and a twelve month high of $11.04. The stock has a 50 day moving average of $10.73 and a two-hundred day moving average of $10.74.

Institutional Trading of BlackRock MuniHoldings California Quality Fund

Several large investors have recently made changes to their positions in MUC. WFA of San Diego LLC bought a new position in BlackRock MuniHoldings California Quality Fund in the second quarter valued at approximately $26,000. Elyxium Wealth LLC bought a new stake in BlackRock MuniHoldings California Quality Fund during the fourth quarter worth $69,000. Pasadena Private Wealth LLC acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund in the 4th quarter valued at $106,000. Nomura Holdings Inc. acquired a new stake in shares of BlackRock MuniHoldings California Quality Fund in the 2nd quarter valued at $104,000. Finally, Moody National Bank Trust Division bought a new position in shares of BlackRock MuniHoldings California Quality Fund in the 4th quarter valued at $114,000. Institutional investors and hedge funds 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.