Nuveen California Quality Municipal Income Fund (NYSE:NAC) Declares Monthly Dividend of $0.07

Nuveen California Quality Municipal Income Fund (NYSE:NAC) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.0735 per share on Monday, March 3rd. This represents a $0.88 annualized dividend and a dividend yield of 7.70%. The ex-dividend date of this dividend is Friday, February 14th.

Nuveen California Quality Municipal Income Fund has raised its dividend by an average of 4.6% per year over the last three years.

Nuveen California Quality Municipal Income Fund Stock Up 0.7 %

Nuveen California Quality Municipal Income Fund stock traded up $0.08 during midday trading on Tuesday, hitting $11.46. 539,859 shares of the company were exchanged, compared to its average volume of 445,712. The business has a fifty day simple moving average of $11.38 and a two-hundred day simple moving average of $11.58. Nuveen California Quality Municipal Income Fund has a fifty-two week low of $10.60 and a fifty-two week high of $12.03.

Nuveen California Quality Municipal Income Fund Company Profile

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.