Blackrock Muniholdings Fund II Inc. (MUH) to Issue Monthly Dividend of $0.06 on March 1st

Blackrock Muniholdings Fund II Inc. (NYSE:MUH) declared a monthly dividend on Monday, February 4th, Wall Street Journal reports. Stockholders of record on Friday, February 15th will be paid a dividend of 0.0615 per share by the investment management company on Friday, March 1st. This represents a $0.74 dividend on an annualized basis and a dividend yield of 5.36%. The ex-dividend date is Thursday, February 14th.

Blackrock Muniholdings Fund II has decreased its dividend payment by an average of 1.0% annually over the last three years.

Shares of NYSE:MUH opened at $13.78 on Friday. Blackrock Muniholdings Fund II has a 12-month low of $12.52 and a 12-month high of $14.49.



In other news, insider Theodore R. Jaeckel, Jr. sold 2,898 shares of the firm’s stock in a transaction dated Wednesday, December 26th. The stock was sold at an average price of $12.70, for a total transaction of $36,804.60. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Peter Hayes acquired 3,000 shares of Blackrock Muniholdings Fund II stock in a transaction dated Wednesday, December 19th. The shares were bought at an average cost of $12.90 per share, for a total transaction of $38,700.00. The disclosure for this purchase can be found here. 1.00% of the stock is currently owned by company insiders.

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About Blackrock Muniholdings Fund II

BlackRock MuniHoldings Fund II, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets on the United States. It primarily invests in investment grade municipal bonds with a maturity of more than ten years at the time of investment.

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Dividend History for Blackrock Muniholdings Fund II (NYSE:MUH)

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