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

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJGet Free Report) announced a monthly dividend on Friday, November 17th, Wall Street Journal reports. Shareholders of record on Thursday, February 15th will be given a dividend of 0.05 per share by the financial services provider on Friday, March 1st. This represents a $0.60 dividend on an annualized basis and a yield of 5.22%. The ex-dividend date is Wednesday, February 14th.

BlackRock MuniHoldings New Jersey Quality Fund Stock Performance

MUJ opened at $11.49 on Monday. The firm’s 50-day moving average price is $11.40 and its 200-day moving average price is $10.88. BlackRock MuniHoldings New Jersey Quality Fund has a 52-week low of $9.73 and a 52-week high of $11.85.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Raymond James & Associates grew its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 10.7% during the first quarter. Raymond James & Associates now owns 46,415 shares of the financial services provider’s stock valued at $620,000 after buying an additional 4,498 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in BlackRock MuniHoldings New Jersey Quality Fund by 7.8% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 107,682 shares of the financial services provider’s stock valued at $1,438,000 after purchasing an additional 7,756 shares during the last quarter. PNC Financial Services Group Inc. acquired a new stake in BlackRock MuniHoldings New Jersey Quality Fund during the 1st quarter worth about $33,000. Royal Bank of Canada raised its stake in shares of BlackRock MuniHoldings New Jersey Quality Fund by 19.7% during the 1st quarter. Royal Bank of Canada now owns 16,975 shares of the financial services provider’s stock valued at $227,000 after buying an additional 2,794 shares during the last quarter. Finally, Walleye Capital LLC acquired a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the 1st quarter valued at about $212,000. Institutional investors and hedge funds own 11.24% of the company’s stock.

BlackRock MuniHoldings New Jersey Quality Fund Company Profile

(Get Free Report)

BlackRock MuniHoldings New Jersey Quality Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of United States. The fund invests primarily in long-term, investment grade municipal obligations exempt from federal income taxes and New Jersey personal income taxes.

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Dividend History for BlackRock MuniHoldings New Jersey Quality Fund (NYSE:MUJ)

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