BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) Declares $0.05 Monthly Dividend

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Friday, February 6th will be paid a dividend of 0.051 per share by the investment management company on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend is Friday, February 6th.

BlackRock MuniHoldings Quality Fund II Trading Down 0.3%

Shares of MUE stock traded down $0.03 during trading hours on Wednesday, hitting $10.14. 83,568 shares of the company’s stock were exchanged, compared to its average volume of 45,339. BlackRock MuniHoldings Quality Fund II has a fifty-two week low of $9.26 and a fifty-two week high of $10.48. The firm has a 50 day moving average of $10.03 and a two-hundred day moving average of $9.89.

About BlackRock MuniHoldings Quality Fund II

BlackRock MuniHoldings Quality Fund II (NYSE:MUE) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal income taxes. The fund pursues its objective by investing primarily in a diversified portfolio of investment-grade municipal securities, including general obligation bonds, revenue bonds and insured or prerefunded issues. By focusing on quality issuers, the fund aims to balance income generation with a degree of credit preservation within the tax-free municipal bond market.

The fund’s portfolio typically comprises securities issued by state and local governments across the United States, enabling exposure to a broad range of tax-exempt muni credits.