BlackRock MuniYield New Jersey Fund, Inc (NYSE:MYJ) announced a monthly dividend on Monday, February 5th, Wall Street Journal reports. Shareholders of record on Thursday, February 15th will be given a dividend of 0.075 per share by the investment management company on Thursday, March 1st. This represents a $0.90 dividend on an annualized basis and a yield of 6.11%. The ex-dividend date of this dividend is Wednesday, February 14th.
BlackRock MuniYield New Jersey Fund has decreased its dividend payment by an average of 5.8% per year over the last three years.
BlackRock MuniYield New Jersey Fund (NYSE MYJ) traded up $0.01 during midday trading on Tuesday, reaching $14.73. The company’s stock had a trading volume of 5,978 shares, compared to its average volume of 33,026. BlackRock MuniYield New Jersey Fund has a 12 month low of $14.54 and a 12 month high of $17.48.
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About BlackRock MuniYield New Jersey Fund
BlackRock MuniYield New Jersey Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes and New Jersey personal income tax as is consistent with its investment policies and prudent investment management.
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