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

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be given a dividend of 0.073 per share on Thursday, August 1st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 7.68%. The ex-dividend date of this dividend is Monday, July 15th.

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

Nuveen AMT-Free Quality Municipal Income Fund Stock Performance

NEA traded down $0.03 on Tuesday, reaching $11.40. The company’s stock had a trading volume of 1,154,156 shares, compared to its average volume of 763,276. Nuveen AMT-Free Quality Municipal Income Fund has a fifty-two week low of $9.20 and a fifty-two week high of $11.53. The stock has a 50 day moving average of $11.01 and a two-hundred day moving average of $10.97.

Nuveen AMT-Free Quality Municipal Income Fund Company Profile

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.