Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) Plans $0.07 Monthly Dividend

Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be given a dividend of 0.0725 per share by the investment management company on Thursday, August 1st. This represents a $0.87 dividend on an annualized basis and a dividend yield of 7.58%. The ex-dividend date of this dividend is Monday, July 15th.

Nuveen Arizona Quality Municipal Income Fund has decreased its dividend payment by an average of 11.4% annually over the last three years.

Nuveen Arizona Quality Municipal Income Fund Price Performance

NAZ stock opened at $11.48 on Friday. The business’s 50-day moving average is $11.03 and its two-hundred day moving average is $10.90. Nuveen Arizona Quality Municipal Income Fund has a fifty-two week low of $9.22 and a fifty-two week high of $11.61.

About Nuveen Arizona Quality Municipal Income Fund

Nuveen Arizona Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is managed by Nuveen Asset Management, LLC. It invests in the fixed income markets of Arizona. The fund invests in municipal securities and other related investments the income, exempt from regular federal and Arizona income taxes that are rated Baa or BBB or better and having an average maturity of 18.66 years.