Nuveen Minnesota Quality Municipal Income Fund to Issue Monthly Dividend of $0.07 (NYSE:NMS)

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be paid a dividend of 0.0735 per share on Tuesday, December 31st. This represents a $0.88 annualized dividend and a dividend yield of 6.69%. The ex-dividend date of this dividend is Friday, December 13th.

Nuveen Minnesota Quality Municipal Income Fund has decreased its dividend by an average of 8.8% annually over the last three years.

Nuveen Minnesota Quality Municipal Income Fund Price Performance

Shares of NMS stock traded down $0.11 during mid-day trading on Tuesday, reaching $13.18. The stock had a trading volume of 4,163 shares, compared to its average volume of 14,083. Nuveen Minnesota Quality Municipal Income Fund has a 52-week low of $10.62 and a 52-week high of $13.76. The stock’s 50-day moving average price is $13.12 and its two-hundred day moving average price is $12.34.

About Nuveen Minnesota Quality Municipal Income Fund

Nuveen Minnesota 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 primarily invests in investment grade municipal securities that are exempt from regular federal and Minnesota personal income taxes.