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

by · The Cerbat Gem

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ – Get Free Report) declared a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, December 11th will be paid a dividend of 0.054 per share by the financial services provider on Tuesday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend is Friday, December 11th.

BlackRock MuniHoldings New Jersey Quality Fund Trading Down 0.9%

MUJ stock opened at $11.89 on Friday. The business’s fifty day moving average price is $12.17 and its two-hundred day moving average price is $12.17. BlackRock MuniHoldings New Jersey Quality Fund has a fifty-two week low of $11.31 and a fifty-two week high of $12.68.

BlackRock MuniHoldings New Jersey Quality Fund Company Profile

(Get Free Report)

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.

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