The BlackRock MuniHoldings New Jersey Quality Fund (MUJ) has announced a dividend with an ex-dividend date of Jun 13, 2025, a declaration date of Jun 2, 2025, and a payment date set for Jul 1, 2025. The dividend amount per share is $0.054, which is lower than the average of the last ten dividends, calculated at $0.063. This dividend is categorized as a cash dividend. The previous dividend, also in a cash format, was declared on Jun 2, 2025, with the same per share amount of $0.054.
Recently, the BlackRock MuniHoldings New Jersey Quality Fund has been active in the market, garnering attention from various investment firms. As of late, Breakwater Capital Group acquired 33,167 shares of
, reflecting a bullish sentiment towards the fund. Additionally, Jane Street Group LLC secured a new stake in MUJ during the fourth quarter, purchasing 18,614 shares valued at approximately $206,000. There has been a notable increase in institutional investments, with Sit Investment Associates Inc. significantly boosting its position by 1,325%, now holding 529,883 shares worth around $5,866,000 after acquiring an additional 492,701 shares. Other firms like
Inc., Noble Wealth Management PBC, Landscape Capital Management LLC, and Sanctuary Advisors LLC have also established new positions in the fund.
Since the last update, the stock performance of MUJ has been stable, with shares opening at $10.83 on a recent Friday. Despite a slight dip of $0.01, trading activity has been robust, with 84,701 shares exchanged during trading hours. The fund continues to attract investor interest due to its investment in long-term, investment-grade municipal obligations exempt from federal and New Jersey personal income taxes, managed by BlackRock Advisors, LLC. Over the past week, the fund's dividend announcement and consistent yield of 5.95% have reinforced its appeal to shareholders.
In conclusion, the ex-dividend date of Jun 13, 2025, represents the last opportunity for investors to purchase MUJ shares and qualify for the upcoming dividend distribution. Any acquisitions made post this date will not be eligible for the current dividend payout.
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