BlackRock MuniHoldings California Quality Fund, Inc. (MUC) to Issue Monthly Dividend of $0.05 on December 1st

BlackRock MuniHoldings California Quality Fund, Inc. (NYSE:MUC) declared a monthly dividend on Thursday, September 10th. Shareholders of record on Friday, November 13th will be given a dividend of $0.0535 per share on Tuesday, December 1st. This represents a $0.64 annualized dividend and a yield of 6.4%. The ex-dividend date is Friday, November 13th.

BlackRock MuniHoldings California Quality Fund Stock Performance

Shares of NYSE:MUC opened at $10.01 on Wednesday. The firm’s 50 day moving average is $9.99 and its two-hundred day moving average is $10.58. BlackRock MuniHoldings California Quality Fund has a 52 week low of $9.51 and a 52 week high of $11.16.

Institutional Trading of BlackRock MuniHoldings California Quality Fund

Large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its position in BlackRock MuniHoldings California Quality Fund by 21.0% during the 1st quarter. Bank of America Corp DE now owns 2,268,949 shares of the company’s stock worth $23,597,000 after acquiring an additional 393,995 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in shares of BlackRock MuniHoldings California Quality Fund by 85.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,100,165 shares of the company’s stock valued at $11,442,000 after purchasing an additional 507,112 shares during the period. Hennion & Walsh Asset Management Inc. increased its holdings in shares of BlackRock MuniHoldings California Quality Fund by 5.2% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 709,302 shares of the company’s stock valued at $7,795,000 after purchasing an additional 35,327 shares during the period. Sanctuary Advisors LLC raised its stake in shares of BlackRock MuniHoldings California Quality Fund by 7.9% during the first quarter. Sanctuary Advisors LLC now owns 467,786 shares of the company’s stock valued at $4,865,000 after purchasing an additional 34,327 shares in the last quarter. Finally, Hollencrest Capital Management raised its stake in shares of BlackRock MuniHoldings California Quality Fund by 35.8% during the first quarter. Hollencrest Capital Management now owns 307,635 shares of the company’s stock valued at $3,199,000 after purchasing an additional 81,115 shares in the last quarter. 30.99% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniHoldings California Quality Fund Company Profile

BlackRock MuniHoldings California Quality Fund, Inc. is a closed-end investment fund managed by BlackRock Advisors, LLC. It seeks to provide high current income that is exempt from regular federal income taxes and California personal income taxes, while also seeking to preserve capital. The fund invests primarily in municipal bonds issued by California state and local governments and public entities. These bonds may finance public services and infrastructure, and their interest payments are generally exempt from the taxes described in the fund’s objective, subject to applicable tax rules.