Blackrock New Jersey Municipal Bond Trst (NYSEAMERICAN:BLJ) announced a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Tuesday, January 16th will be given a dividend of 0.0615 per share by the investment management company on Thursday, February 1st. This represents a $0.74 dividend on an annualized basis and a dividend yield of 4.93%. The ex-dividend date is Friday, January 12th.
Blackrock New Jersey Municipal Bond Trst (BLJ) traded up $0.25 during trading hours on Wednesday, hitting $14.98. The company had a trading volume of 3,171 shares, compared to its average volume of 3,635. Blackrock New Jersey Municipal Bond Trst has a twelve month low of $14.21 and a twelve month high of $16.21.
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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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