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

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) declared a monthly dividend on Friday, February 27th. Shareholders of record on Monday, June 15th will be paid a dividend of 0.054 per share by the financial services provider on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date is Monday, June 15th.

BlackRock MuniHoldings New Jersey Quality Fund Trading Down 0.1%

MUJ stock traded down $0.01 during trading on Friday, reaching $12.38. 84,079 shares of the company’s stock were exchanged, compared to its average volume of 98,418. BlackRock MuniHoldings New Jersey Quality Fund has a 1-year low of $10.66 and a 1-year high of $12.68. The company’s fifty day moving average price is $12.11 and its 200-day moving average price is $12.13.

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.