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

Key Points

• BlackRock MuniHoldings New Jersey Quality Fund (NYSE:MUJ) announced a monthly dividend of $0.054 per share payable May 1 to shareholders of record April 15, with an ex-dividend date of April 15 and an implied annualized 5.4% yield.
• MUJ is a closed-end fund that primarily invests in investment-grade New Jersey municipal securities to provide current income exempt from federal and New Jersey state taxes, managed by BlackRock's municipal fixed income team.
• Shares opened at $11.90, trade near 50-day/200-day moving averages of $12.16/$11.97, and have a 52-week range of $10.50–$12.68.

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ - Get Free Report) announced a monthly dividend on Friday, February 27th. Shareholders of record on Wednesday, April 15th will be given a dividend of 0.054 per share by the financial services provider on Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend is Wednesday, April 15th.

BlackRock MuniHoldings New Jersey Quality Fund Stock Down 0.2%

NYSE MUJ opened at $11.90 on Monday. The firm's fifty day moving average price is $12.16 and its two-hundred day moving average price is $11.97. BlackRock MuniHoldings New Jersey Quality Fund has a fifty-two week low of $10.50 and a fifty-two week 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.

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