Blackrock New Jersey Municipal Bond Trst (NYSE:BLJ) to Issue Monthly Dividend of $0.06
Blackrock New Jersey Municipal Bond Trst (NYSE:BLJ) announced a monthly dividend on Wednesday, July 5th, Wall Street Journal reports. Investors of record on Friday, July 14th will be given a dividend of 0.0615 per share by the investment management company on Tuesday, August 1st. This represents a $0.74 dividend on an annualized basis and a yield of 4.85%. The ex-dividend date is Wednesday, July 12th.
Blackrock New Jersey Municipal Bond Trst has decreased its dividend payment by an average of 2.0% per year over the last three years.
Blackrock New Jersey Municipal Bond Trst (NYSE:BLJ) traded up 2.56% during midday trading on Wednesday, reaching $15.21. The company had a trading volume of 4,089 shares. The firm has a 50-day moving average of $14.86 and a 200-day moving average of $14.70. Blackrock New Jersey Municipal Bond Trst has a 12 month low of $14.21 and a 12 month high of $17.75.
Blackrock New Jersey Municipal Bond Trst Company Profile
BlackRock New Jersey Municipal Bond Trust is a non-diversified, closed-end municipal bond fund. The Trust’s investment objective is to provide current income exempt from regular federal income tax and New Jersey gross income tax. It seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes (except that the interest may subject to the federal alternative minimum tax) and New Jersey gross income taxes.
Receive News & Ratings for Blackrock New Jersey Municipal Bond Trst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock New Jersey Municipal Bond Trst and related companies with MarketBeat.com's FREE daily email newsletter.