GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock MuniHoldings California Quality Fund Inc (NYSE:MUC) » Definitions » Dividend Payout Ratio

MUC (BlackRock MuniHoldings California Quality Fund) Dividend Payout Ratio : 2.08 (As of Jul. 2024)


View and export this data going back to . Start your Free Trial

What is BlackRock MuniHoldings California Quality Fund Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. BlackRock MuniHoldings California Quality Fund's Dividend Payout Ratio for the months ended in Jul. 2024 was 2.08.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of BlackRock MuniHoldings California Quality Fund Inc is 1.25, which seems too high.

The historical rank and industry rank for BlackRock MuniHoldings California Quality Fund's Dividend Payout Ratio or its related term are showing as below:

MUC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.76   Max: 3.85
Current: 1.25

During the past 8 years, the highest Dividend Payout Ratio of BlackRock MuniHoldings California Quality Fund was 3.85. The lowest was 0.51. And the median was 0.76.

MUC's Dividend Payout Ratio is ranked worse than
80.63% of 1022 companies
in the Asset Management industry
Industry Median: 0.675 vs MUC: 1.25

As of today (2024-12-12), the Dividend Yield % of BlackRock MuniHoldings California Quality Fund is 5.23%.

During the past 8 years, the highest Trailing Annual Dividend Yield of BlackRock MuniHoldings California Quality Fund was 6.57%. The lowest was 3.42%. And the median was 4.73%.

BlackRock MuniHoldings California Quality Fund's Dividends per Share for the months ended in Jul. 2024 was $0.29.

During the past 12 months, BlackRock MuniHoldings California Quality Fund's average Dividends Per Share Growth Rate was 16.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -6.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -2.20% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of BlackRock MuniHoldings California Quality Fund was 5.50% per year. The lowest was -9.20% per year. And the median was -5.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

BlackRock MuniHoldings California Quality Fund Dividend Payout Ratio Historical Data

The historical data trend for BlackRock MuniHoldings California Quality Fund's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BlackRock MuniHoldings California Quality Fund Dividend Payout Ratio Chart

BlackRock MuniHoldings California Quality Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Dividend Payout Ratio
Get a 7-Day Free Trial 0.59 0.76 - - 1.25

BlackRock MuniHoldings California Quality Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.85 2.08

Competitive Comparison of BlackRock MuniHoldings California Quality Fund's Dividend Payout Ratio

For the Asset Management subindustry, BlackRock MuniHoldings California Quality Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BlackRock MuniHoldings California Quality Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock MuniHoldings California Quality Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where BlackRock MuniHoldings California Quality Fund's Dividend Payout Ratio falls into.


BlackRock MuniHoldings California Quality Fund Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

BlackRock MuniHoldings California Quality Fund's Dividend Payout Ratio for the fiscal year that ended in Jul. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jul. 2024 )/ EPS without NRI (A: Jul. 2024 )
=0.537/ 0.43
=1.25

BlackRock MuniHoldings California Quality Fund's Dividend Payout Ratio for the quarter that ended in Jul. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jul. 2024 )/ EPS without NRI (Q: Jul. 2024 )
=0.291/ 0.14
=2.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BlackRock MuniHoldings California Quality Fund (NYSE:MUC) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

BlackRock MuniHoldings California Quality Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of BlackRock MuniHoldings California Quality Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

BlackRock MuniHoldings California Quality Fund Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock MuniHoldings California Quality Fund Inc (NYSE:MUC) » Definitions » Dividend Payout Ratio
Comparable Companies
BTZ BBN FPF PTA OXLC NMZ EOS CSWC NRGX BBDC BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Website
https://www.blackrock.com
BlackRock MuniHoldings California Quality Fund Inc is a diversified, closed-end management investment firm. The investment objective of the company is to provide shareholders with current income exempt from U.S. federal income taxes and California personal income taxes.
Executives
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Wells Fargo Bank N A 10 percent owner 101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055

BlackRock MuniHoldings California Quality Fund Headlines

From GuruFocus

BlackRock MuniHoldings California Quality Fund Inc's Dividend Analysis

By GuruFocus Research • 10-13-2023

WELLS FARGO & COMPANY/MN Buys 4, Sells 1 in 1st Quarter

By GuruFocus Research GuruFocus Editor • 05-19-2022

BlackRock Announces Closing of Reorganizations of Three Municipal Closed-End Funds

By Business Wire Business Wire • 04-11-2022