Nuveen California Quality Municipal Income Fund (NAC) To Go Ex-Dividend on October 15th

Nuveen California Quality Municipal Income Fund (NYSE:NAC) announced a monthly dividend on Wednesday, October 2nd, Zacks reports. Investors of record on Tuesday, October 15th will be paid a dividend of 0.073 per share on Friday, November 1st. This represents a $0.88 annualized dividend and a dividend yield of 7.36%. The ex-dividend date of this dividend is Tuesday, October 15th.

Nuveen California Quality Municipal Income Fund has decreased its dividend payment by an average of 10.9% per year over the last three years.

Nuveen California Quality Municipal Income Fund Stock Performance

Shares of NAC stock opened at $11.90 on Friday. Nuveen California Quality Municipal Income Fund has a fifty-two week low of $9.32 and a fifty-two week high of $12.03. The stock’s fifty day moving average is $11.79 and its two-hundred day moving average is $11.38.

About Nuveen California Quality Municipal Income Fund

Nuveen California Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of California, United States. The fund invests in undervalued municipal securities and other related investments that are exempt from regular federal and California income taxes.