Nuveen Quality Municipal Income Fund (NYSE:NAD – Get Free Report) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Monday, July 15th will be given a dividend of 0.0755 per share by the financial services provider on Thursday, August 1st. This represents a $0.91 annualized dividend and a yield of 7.70%. The ex-dividend date is Monday, July 15th. This is a positive change from Nuveen Quality Municipal Income Fund’s previous monthly dividend of $0.08.
Nuveen Quality Municipal Income Fund has decreased its dividend by an average of 11.3% per year over the last three years.
Nuveen Quality Municipal Income Fund Price Performance
Shares of NAD stock traded up $0.03 on Tuesday, reaching $11.76. 730,093 shares of the company were exchanged, compared to its average volume of 627,052. The company has a 50-day moving average of $11.35 and a 200-day moving average of $11.30. Nuveen Quality Municipal Income Fund has a one year low of $9.56 and a one year high of $11.93.
Insider Buying and Selling
Nuveen Quality Municipal Income Fund Company Profile
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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