BlackRock MuniHoldings New Jersey Quality Fund: Key Dividend Details Before Aug 15, 2025

Generated by AI AgentAinvest Dividend Digest
Monday, Aug 11, 2025 7:35 pm ET1min read
MUJ--
Aime RobotAime Summary

- BlackRock's MUJ declares $0.054/share dividend (Aug 15 ex-date), below 10-year average of $0.063.

- Fund shows 5.92% yield with -0.31% annual dividend growth, but stable $10.98 share price and consistent monthly payouts.

- Institutional investors Envestnet and Avantax boosted holdings, signaling confidence despite declining dividends.

- MUJ remains attractive for income seekers, but investors must purchase before Aug 15 to qualify for upcoming payout.

The BlackRock MuniHoldings New Jersey Quality Fund (MUJ) has announced its upcoming dividend information. The ex-dividend date is set for Aug 15, 2025, with the dividend payment scheduled for Sep 2, 2025. Shareholders will receive a dividend of $0.054 per share, which is lower than the average of the last ten dividends, calculated at $0.063. The announcement was made on Aug 1, 2025. The previous dividend was distributed on Jul 31, 2025, also at $0.054 per share. The dividend type for both instances is cash dividend.

Over the past week, significant developments have emerged regarding MUJ. Recently, analysts highlighted a dividend yield of 5.92% with an annual payout of $0.65 per share. The fund's dividend growth rate over the past year has been noted as negative, at -0.31%, reflecting the challenges it faces in maintaining dividend levels. As of late, MUJ's share price was reported at $10.98, indicating stable performance. Meanwhile, industry insiders have suggested that investing in MUJ could be advantageous for international investors, particularly from India, given the fund's consistent monthly dividend payments.

Since the last update, it has been reported that Envestnet Asset Management Inc. has increased its stock position in MUJ by acquiring 2,681 shares. This move demonstrates confidence in the fund's potential, despite the recent negative growth rate in dividend payouts. Similarly, Avantax Advisory Services Inc. has expanded its stake in MUJ, reflecting a positive outlook from institutional investors. These developments suggest ongoing interest and involvement from key financial players, which could impact MUJ's market performance positively.

In conclusion, MUJ presents a compelling opportunity for investors seeking consistent dividend income. It is important to note that the ex-dividend date is Aug 15, 2025, marking the last day for investors to purchase shares and qualify for the upcoming dividend. Any acquisitions made after this date will not be eligible for the current dividend payout.

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