BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) to Issue Monthly Dividend of $0.05

BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Friday, February 6th will be given a dividend of 0.0515 per share by the financial services provider on Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date is Friday, February 6th.

BlackRock MuniHoldings New York Quality Fund Trading Down 0.1%

MHN traded down $0.02 during trading on Wednesday, hitting $10.36. The company had a trading volume of 38,391 shares, compared to its average volume of 49,390. BlackRock MuniHoldings New York Quality Fund has a 1-year low of $9.39 and a 1-year high of $10.64. The business has a 50-day moving average of $10.29 and a 200-day moving average of $10.13.

Analyst Ratings Changes

Separately, Weiss Ratings began coverage on BlackRock MuniHoldings New York Quality Fund in a research report on Monday, January 5th. They set a “hold (c-)” rating on the stock. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, BlackRock MuniHoldings New York Quality Fund has a consensus rating of “Hold”.

BlackRock MuniHoldings New York Quality Fund Company Profile

BlackRock MuniHoldings New York Quality Fund (NYSE: MHN) is a closed-end management investment company that seeks to provide current income exempt from federal and New York state income taxes. The fund primarily invests in investment-grade municipal securities issued by the State of New York and its political subdivisions, offering investors targeted exposure to the public finance activities of one of the nation’s largest municipal bond markets.

The fund’s portfolio is concentrated in high-quality, tax-exempt obligations such as general obligation bonds and revenue bonds backed by state and local government revenues.