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 7.67%. The ex-dividend date of this dividend is Friday, March 14th.
Nuveen Quality Municipal Income Fund has increased its dividend payment by an average of 2.7% annually over the last three years.
Nuveen Quality Municipal Income Fund Stock Up 0.3 %
Shares of NYSE:NAD opened at $11.81 on Wednesday. The firm’s 50 day simple moving average is $11.79 and its 200-day simple moving average is $11.97. Nuveen Quality Municipal Income Fund has a one year low of $10.84 and a one year high of $12.47.
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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