Nuveen Minnesota Quality Municipal Income Fund to Issue Monthly Dividend of $0.07 (NYSE:NMS)

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be paid a dividend of 0.0735 per share on Tuesday, April 1st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 7.09%. The ex-dividend date is Friday, March 14th.

Nuveen Minnesota Quality Municipal Income Fund has increased its dividend payment by an average of 7.3% annually over the last three years.

Nuveen Minnesota Quality Municipal Income Fund Price Performance

Nuveen Minnesota Quality Municipal Income Fund stock traded down $0.02 during trading on Tuesday, hitting $12.44. The stock had a trading volume of 14,859 shares, compared to its average volume of 15,462. The stock’s 50 day moving average is $12.36 and its two-hundred day moving average is $12.80. Nuveen Minnesota Quality Municipal Income Fund has a 1 year low of $10.62 and a 1 year high of $13.76.

Nuveen Minnesota Quality Municipal Income Fund Company Profile

Nuveen Minnesota 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 the United States. The fund primarily invests in investment grade municipal securities that are exempt from regular federal and Minnesota personal income taxes.