In current transactions reported by the Securities and Change Fee, Saba Capital Administration, L.P., and Boaz Weinstein, each vital stakeholders, disclosed gross sales of shares within the Nuveen New Jersey High quality Municipal Revenue Fund (NYSE:NXJ). On January 21 and 22, a complete of 49,875 shares have been bought, amounting to roughly $607,310. The shares have been bought at costs starting from $12.17 to $12.21, close to the fund’s present buying and selling worth of $12.01. Following these transactions, the entire shares owned by the reporting events stood at 4,896,497. The $500 million market cap fund at the moment presents a gorgeous 7.76% dividend yield and has maintained dividend funds for 25 consecutive years, in keeping with InvestingPro information. For traders all for dividend sustainability evaluation and extra insights, InvestingPro presents 5 extra key tips on NXJ’s monetary well being and valuation metrics.
This text was generated with the assist of AI and reviewed by an editor. For extra data see our T&C.
A single ticket-holder might win the largest lottery prize the UK has ever seen in…
Elon Musk posted in February that he liked his president, patron and private buddy, "as…
The US economic system noticed a slowdown in hiring however no leap in unemployment final…
Directors are on standby to deal with the collapse of the UK arm of Builder.ai,…
The proprietor of SlimFast has kicked off a sale of the burden loss model after…
A former McKinsey boss is among the many candidates being thought-about to interchange Sir Mark…