BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) Declares Monthly Dividend of $0.06

BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ – Get Rating) announced a monthly dividend on Wednesday, May 4th, Wall Street Journal reports. Investors of record on Monday, May 16th will be given a dividend of 0.063 per share by the financial services provider on Wednesday, June 1st. This represents a $0.76 dividend on an annualized basis and a yield of 5.94%. The ex-dividend date is Friday, May 13th.

NYSE:MUJ opened at $12.73 on Thursday. BlackRock MuniHoldings New Jersey Quality Fund has a 52 week low of $12.47 and a 52 week high of $16.28. The firm has a 50 day moving average of $13.31 and a 200 day moving average of $14.49.

In other news, Portfolio Manager Theodore R. Jaeckel, Jr. bought 3,890 shares of the firm’s stock in a transaction that occurred on Tuesday, March 29th. The stock was bought at an average price of $12.94 per share, with a total value of $50,336.60. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

A number of large investors have recently bought and sold shares of MUJ. Wells Fargo & Company MN raised its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 5.3% in the fourth quarter. Wells Fargo & Company MN now owns 133,172 shares of the financial services provider’s stock worth $2,112,000 after buying an additional 6,685 shares during the last quarter. Bell Rock Capital LLC purchased a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund in the fourth quarter worth $169,000. LPL Financial LLC raised its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 1.7% in the fourth quarter. LPL Financial LLC now owns 92,693 shares of the financial services provider’s stock worth $1,470,000 after buying an additional 1,535 shares during the last quarter. Finally, Morgan Stanley raised its holdings in shares of BlackRock MuniHoldings New Jersey Quality Fund by 3.4% in the third quarter. Morgan Stanley now owns 289,652 shares of the financial services provider’s stock worth $4,530,000 after buying an additional 9,399 shares during the last quarter. 10.53% of the stock is owned by institutional investors.

About BlackRock MuniHoldings New Jersey Quality Fund (Get Rating)

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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