Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP) to Issue Monthly Dividend of $0.08

Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP) declared a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Investors of record on Friday, September 13th will be paid a dividend of 0.078 per share by the financial services provider on Tuesday, October 1st. This represents a $0.94 annualized dividend and a yield of 7.38%. The ex-dividend date is Friday, September 13th.

Nuveen Pennsylvania Quality Municipal Income Fund has decreased its dividend payment by an average of 17.6% annually over the last three years.

Nuveen Pennsylvania Quality Municipal Income Fund Stock Down 0.2 %

Shares of NQP stock traded down $0.02 during mid-day trading on Thursday, reaching $12.68. The stock had a trading volume of 2,125 shares, compared to its average volume of 49,202. The business’s fifty day moving average is $12.42 and its 200-day moving average is $12.01. Nuveen Pennsylvania Quality Municipal Income Fund has a 1-year low of $9.65 and a 1-year high of $12.78.

About Nuveen Pennsylvania Quality Municipal Income Fund

Nuveen Pennsylvania 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 Pennsylvania. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.