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

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) declared a monthly dividend on Friday, October 1st, Zacks reports. Shareholders of record on Friday, October 15th will be given a dividend of 0.06 per share on Monday, November 1st. This represents a $0.72 annualized dividend and a dividend yield of 4.39%. The ex-dividend date is Thursday, October 14th.

BlackRock MuniHoldings Fund has decreased its dividend payment by 24.8% over the last three years.

NYSE:MHD opened at $16.41 on Wednesday. The company has a fifty day simple moving average of $16.88 and a two-hundred day simple moving average of $16.76. BlackRock MuniHoldings Fund has a 52 week low of $14.90 and a 52 week high of $17.50.

A hedge fund recently raised its stake in BlackRock MuniHoldings Fund stock. Morgan Stanley lifted its position in shares of BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) by 0.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 435,172 shares of the company’s stock after purchasing an additional 1,603 shares during the period. Morgan Stanley’s holdings in BlackRock MuniHoldings Fund were worth $7,302,000 at the end of the most recent reporting period.

About BlackRock MuniHoldings Fund

BlackRock MuniHoldings Fund, Inc acts as Closed-End Investment Fund/Investment Trust. Its investment objective is to provide high current income from U.S. federal income taxes by investing primarily in a portfolio of medium- to lower-grade or unrated municipal obligations, the interest on which, in the opinion of bond counsel to the issuer, is from U.S.

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Dividend History for BlackRock MuniHoldings Fund (NYSE:MHD)

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