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

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) announced a monthly dividend on Friday, January 2nd. Stockholders of record on Friday, February 13th will be paid a dividend of 0.054 per share by the financial services provider on Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Friday, February 13th.

BlackRock MuniHoldings New Jersey Quality Fund Stock Performance

Shares of NYSE:MUJ traded up $0.07 during mid-day trading on Wednesday, hitting $12.29. The company had a trading volume of 4,819 shares, compared to its average volume of 109,667. BlackRock MuniHoldings New Jersey Quality Fund has a one year low of $10.50 and a one year high of $12.48. The firm has a fifty day moving average price of $12.10 and a 200 day moving average price of $11.65.

About BlackRock MuniHoldings New Jersey Quality Fund

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.