BlackRock MuniHoldings New Jersey Quality Fund, Inc. (MUJ) to Issue Monthly Dividend of $0.05 on June 1st

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) announced a monthly dividend on Friday, February 27th. Stockholders of record on Friday, May 15th will be paid a dividend of 0.054 per share by the financial services provider on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend is Friday, May 15th.

BlackRock MuniHoldings New Jersey Quality Fund Price Performance

BlackRock MuniHoldings New Jersey Quality Fund stock traded down $0.03 during mid-day trading on Wednesday, reaching $12.33. 17,154 shares of the company’s stock were exchanged, compared to its average volume of 101,022. The company has a fifty day moving average of $12.08 and a 200-day moving average of $12.05. BlackRock MuniHoldings New Jersey Quality Fund has a twelve month low of $10.66 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.