BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) to Issue $0.05 Monthly Dividend

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) announced a monthly dividend on Friday, June 5th. Investors of record on Tuesday, September 15th will be paid a dividend of 0.054 per share by the financial services provider on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 5.5%. The ex-dividend date is Tuesday, September 15th.

BlackRock MuniHoldings New Jersey Quality Fund Price Performance

MUJ stock remained flat at $11.88 during trading on Friday. 168,692 shares of the company were exchanged, compared to its average volume of 89,848. The business’s fifty day moving average is $12.17 and its 200-day moving average is $12.17. BlackRock MuniHoldings New Jersey Quality Fund has a twelve month low of $11.31 and a twelve month high of $12.68.

BlackRock MuniHoldings New Jersey Quality Fund Company Profile

BlackRock MuniHoldings New Jersey Quality Fund (NYSE: MUJ) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and New Jersey state income taxes. The fund primarily invests in investment-grade municipal securities issued by or on behalf of the State of New Jersey and its municipalities, authorities, and instrumentalities. By concentrating on high-quality New Jersey public finance obligations, MUJ aims to offer tax-efficient income for investors with exposure to the state’s credit profile.

The fund’s portfolio is actively managed by BlackRock’s municipal fixed income team, which conducts credit analysis and sector allocation to identify opportunities within New Jersey’s diverse municipal marketplace.