MJI Ex-Dividend Reminder - 4/11/13

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, BlackRock MuniYield New Jersey Quality Fund, Inc. (MJI) MJI will trade ex-dividend, for its monthly dividend of $0.072, payable on 5/1/13. As a percentage of MJI's recent stock price of $15.87, this dividend works out to approximately 0.45%.

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Below is a dividend history chart for MJI, showing historical dividends prior to the most recent $0.072 declared by BlackRock MuniYield New Jersey Quality Fund, Inc.:

MJI+Dividend+History+Chart

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 5.44% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, BlackRock MuniYield New Jersey Quality Fund, Inc. shares are currently up about 0.2% on the day.

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