Looking at the universe of stocks we cover at Dividend Channel, on 6/12/13, BlackRock MuniYield New Jersey Quality Fund (MJI) will trade ex-dividend, for its monthly dividend of $0.074, payable on 7/1/13. As a percentage of MJI's recent stock price of $14.72, this dividend works out to approximately 0.50%.
Below is a dividend history chart for MJI, showing historical dividends prior to the most recent $0.074 declared by BlackRock MuniYield New Jersey Quality Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MJI is likely to continue, and whether the current estimated yield of 6.03% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MJI shares, versus its 200 day moving average:Looking at the chart above, MJI's low point in its 52 week range is $14.36 per share, with $17.41 as the 52 week high point — that compares with a last trade of $14.71.
In Monday trading, BlackRock MuniYield New Jersey Quality Fund shares are currently off about 1.6% on the day.