BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) Declares $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 Friday, August 14th will be paid a dividend of 0.054 per share by the financial services provider on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Friday, August 14th.

BlackRock MuniHoldings New Jersey Quality Fund Stock Performance

NYSE:MUJ opened at $12.22 on Wednesday. The stock’s 50 day moving average price is $12.23 and its 200 day moving average price is $12.18. BlackRock MuniHoldings New Jersey Quality Fund has a 52 week low of $10.85 and a 52 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.