Nuveen Quality Municipal Income Fund (NYSE:NAD – Get Free Report) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.0755 per share by the financial services provider on Tuesday, April 1st. This represents a $0.91 dividend on an annualized basis and a yield of 7.62%. The ex-dividend date is Friday, March 14th.
Nuveen Quality Municipal Income Fund has raised its dividend payment by an average of 2.7% annually over the last three years.
Nuveen Quality Municipal Income Fund Trading Down 0.4 %
Shares of NAD stock opened at $11.89 on Wednesday. Nuveen Quality Municipal Income Fund has a 1 year low of $10.84 and a 1 year high of $12.47. The business’s fifty day moving average is $11.76 and its 200-day moving average is $11.98.
About Nuveen Quality Municipal Income Fund
Nuveen 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 invests in undervalued municipal securities and other related investments, the income from which is exempt from regular federal income taxes.
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