Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) to Issue $0.07 Monthly Dividend

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.073 per share on Monday, December 2nd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 7.58%. The ex-dividend date of this dividend is Friday, November 15th.

Nuveen AMT-Free Quality Municipal Income Fund has decreased its dividend payment by an average of 13.5% annually over the last three years.

Nuveen AMT-Free Quality Municipal Income Fund Stock Up 0.5 %

NYSE NEA traded up $0.06 during trading on Wednesday, hitting $11.55. The company had a trading volume of 336,007 shares, compared to its average volume of 895,260. The company’s fifty day moving average is $11.75 and its 200-day moving average is $11.45. Nuveen AMT-Free Quality Municipal Income Fund has a one year low of $10.22 and a one year high of $12.06.

About Nuveen AMT-Free Quality Municipal Income Fund

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.