BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) to Issue $0.04 Monthly Dividend

BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Stockholders of record on Wednesday, May 15th will be paid a dividend of 0.0435 per share by the financial services provider on Monday, June 3rd. This represents a $0.52 dividend on an annualized basis and a dividend yield of 5.00%. The ex-dividend date of this dividend is Tuesday, May 14th.

BlackRock MuniHoldings New York Quality Fund has decreased its dividend payment by an average of 11.0% per year over the last three years.

BlackRock MuniHoldings New York Quality Fund Trading Up 1.3 %

Shares of MHN traded up $0.13 during midday trading on Friday, hitting $10.45. 21,540 shares of the stock were exchanged, compared to its average volume of 49,740. BlackRock MuniHoldings New York Quality Fund has a 52-week low of $8.69 and a 52-week high of $10.81. The stock has a fifty day simple moving average of $10.51 and a 200 day simple moving average of $10.24.

BlackRock MuniHoldings New York Quality Fund Company Profile

BlackRock MuniHoldings New York Quality Fund, 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. It invests primarily in investment grade New York municipal obligations exempt from federal income taxes and New York State and New York City personal income taxes.