Nuveen Missouri Quality Municipal Income Fund (NYSE:NOM) Plans Dividend Increase – $0.07 Per Share

Nuveen Missouri Quality Municipal Income Fund (NYSE:NOM) announced a monthly dividend on Wednesday, June 5th, Wall Street Journal reports. Shareholders of record on Friday, June 14th will be given a dividend of 0.0675 per share on Monday, July 1st. This represents a $0.81 dividend on an annualized basis and a dividend yield of 7.84%. The ex-dividend date of this dividend is Friday, June 14th. This is a boost from Nuveen Missouri Quality Municipal Income Fund’s previous monthly dividend of $0.04.

Nuveen Missouri Quality Municipal Income Fund Stock Up 1.9 %

NOM stock traded up $0.19 during trading on Wednesday, reaching $10.33. The stock had a trading volume of 13,238 shares, compared to its average volume of 7,052. The stock’s 50 day moving average is $10.02 and its two-hundred day moving average is $10.04. Nuveen Missouri Quality Municipal Income Fund has a 52 week low of $8.52 and a 52 week high of $10.33.

About Nuveen Missouri Quality Municipal Income Fund

Nuveen Missouri 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 Missouri. The fund invests in undervalued municipal securities and other related investments the income from which is exempt from regular federal and Missouri income taxes.