Nuveen AMT-Free Quality Municipal Income Fund (NEA) to Issue Monthly Dividend of $0.07 on April 1st

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.073 per share on Tuesday, April 1st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 7.57%. The ex-dividend date of this dividend is Friday, March 14th.

Nuveen AMT-Free Quality Municipal Income Fund has increased its dividend payment by an average of 2.1% annually over the last three years.

Nuveen AMT-Free Quality Municipal Income Fund Price Performance

Shares of NYSE:NEA opened at $11.57 on Wednesday. The business’s 50 day simple moving average is $11.40 and its 200 day simple moving average is $11.59. Nuveen AMT-Free Quality Municipal Income Fund has a 1 year low of $10.53 and a 1 year high of $12.06.

Nuveen AMT-Free Quality Municipal Income Fund Company Profile

Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax.