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

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) announced a monthly dividend on Friday, June 5th. Shareholders 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) dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend is Tuesday, September 15th.

BlackRock MuniHoldings New Jersey Quality Fund Stock Performance

Shares of MUJ stock remained flat at $11.88 during mid-day trading on Friday. 168,692 shares of the stock traded hands, compared to its average volume of 89,848. The company has a 50-day simple moving average of $12.17 and a 200 day simple moving average of $12.17. BlackRock MuniHoldings New Jersey Quality Fund has a 1 year low of $11.31 and a 1 year 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.