BlackRock MuniHoldings California Quality Fund, Inc.
MUCFinancial Services · Stock · monthly payer
Forward Yield
6.39%
Annual Dividend
$0.64
Payout Ratio
279%
5-Yr Growth
1.7%
Ex-Date
Oct 15, 2026
Frequency
Monthly
Summary
As of September 2026, BlackRock MuniHoldings California Quality Fund, Inc. (MUC) yields 6.39% ($0.64 per share annually), with a blended fair-value estimate of $14.13 — +39% upside, so it screens as undervalued. Dividend safety grade: C (54/100). 2 years of dividend growth.
Is MUC a good dividend stock?
MixedBlackRock MuniHoldings California Quality Fund, Inc. (MUC) pays a monthly dividend yielding 6.39% ($0.64/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2023
- Elevated payout ratio (279%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 6.39%
- Payout Ratio
- 279%
- Annual Dividend
- $0.64
- 5-Yr Avg Growth
- 1.7%
- Ex-Dividend Date
- Oct 15, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.65
- Market Cap
- $937.2M
- P/E Ratio
- 43.3
- 5-Yr Total Return
- -35%
- 52-Week Range
- $10.00 – $11.16
- Dividend Safety
- C · 54/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
MUC Price — Last 12 Months
Daily close
Price Return
1 Year
-7%
3 Years
+10%
5 Years
-35%
52-Week Range
$10.00 – $11.16
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MUC worth?
Undervaluedmedium confidenceOur blended fair-value estimate for BlackRock MuniHoldings California Quality Fund, Inc. is $14.13 per share, versus a market price of $10.16. That implies 39% of upside — a margin of safety of about 28%.
Fair Value
$14.13
Current Price
$10.16
Upside
+39%
Margin of Safety
28%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -4.4% annual free-cash-flow growth. We model 1.1% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.5% discount rate (CAPM), 1.1% stage-1 growth, 2.5% terminal growth, $0.23 EPS, $0.64 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MUC Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full MUC dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 15, 2026 | — | $0.0540 | regular |
| Aug 14, 2026 | — | $0.0540 | regular |
| Jul 15, 2026 | — | $0.0540 | regular |
| Jun 15, 2026 | — | $0.0540 | regular |
| May 15, 2026 | — | $0.0540 | regular |
| Apr 15, 2026 | — | $0.0540 | regular |
| Mar 13, 2026 | — | $0.0540 | regular |
| Feb 6, 2026 | — | $0.0540 | regular |
| Jan 20, 2026 | — | $0.0540 | regular |
| Dec 22, 2025 | — | $0.0540 | regular |
| Nov 14, 2025 | — | $0.0540 | regular |
| Oct 15, 2025 | — | $0.0540 | regular |
| Sep 15, 2025 | — | $0.0540 | regular |
| Aug 15, 2025 | — | $0.0540 | regular |
Income Calculator
At $0.64 / yr per share
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