Blackrock Muniholdings Insured Fund II (NYSE:MUE) announced a monthly dividend on Monday, June 3rd, NASDAQ reports. Stockholders of record on Friday, June 14th will be paid a dividend of 0.049 per share by the investment management company on Monday, July 1st. This represents a $0.59 dividend on an annualized basis and a dividend yield of 4.73%. The ex-dividend date of this dividend is Thursday, June 13th.
Blackrock Muniholdings Insured Fund II has decreased its dividend by an average of 4.2% per year over the last three years.
MUE traded up $0.07 during trading on Friday, hitting $12.43. 50,504 shares of the company traded hands, compared to its average volume of 59,726. Blackrock Muniholdings Insured Fund II has a 1 year low of $11.28 and a 1 year high of $12.45.
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BlackRock MuniHoldings Quality 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 of the United States. It primarily invests in long-term, investment grade municipal obligations exempt from federal income taxes.
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