BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Plans $0.06 Monthly Dividend

BlackRock MuniHoldings Fund, Inc. (NYSE:MHDGet Free Report) announced a monthly dividend on Friday, June 5th. Stockholders of record on Friday, August 14th will be paid a dividend of 0.0595 per share on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend is Friday, August 14th.

BlackRock MuniHoldings Fund Stock Up 0.1%

NYSE:MHD opened at $11.59 on Wednesday. The firm’s 50-day moving average price is $11.71 and its 200-day moving average price is $11.70. BlackRock MuniHoldings Fund has a 1-year low of $10.99 and a 1-year high of $12.08.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ieq Capital LLC purchased a new stake in shares of BlackRock MuniHoldings Fund in the second quarter worth $199,000. OneAscent Financial Services LLC purchased a new position in BlackRock MuniHoldings Fund in the 2nd quarter worth about $154,000. Allworth Financial LP bought a new position in BlackRock MuniHoldings Fund during the 2nd quarter valued at about $118,000. Myecfo LLC bought a new position in BlackRock MuniHoldings Fund during the 2nd quarter valued at about $813,000. Finally, Empirical Asset Management LLC purchased a new stake in shares of BlackRock MuniHoldings Fund during the 2nd quarter valued at about $177,000.

BlackRock MuniHoldings Fund Company Profile

(Get Free Report)

BlackRock MuniHoldings Fund (NYSE:MHD) is a closed-end management investment company focused on delivering tax-exempt income through a diversified portfolio of municipal securities. The fund’s primary objective is to seek current income exempt from federal income tax, making it a potential option for investors looking to enhance after-tax yield in a fixed-income allocation.

The fund invests predominantly in investment-grade municipal bonds issued by state and local governments, authorities and agencies across the United States.

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Dividend History for BlackRock MuniHoldings Fund (NYSE:MHD)

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