Blackrock New Jersey Municipal Bond Trst Announces Monthly Dividend of $0.06 (BLJ)
Blackrock New Jersey Municipal Bond Trst (NYSE:BLJ) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Investors of record on Wednesday, November 15th will be given a dividend of 0.0615 per share by the investment management company on Friday, December 1st. This represents a $0.74 dividend on an annualized basis and a dividend yield of 5.03%. The ex-dividend date is Tuesday, November 14th.
Blackrock New Jersey Municipal Bond Trst has decreased its dividend payment by an average of 2.0% annually over the last three years.
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.
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