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

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) declared a monthly dividend on Tuesday, October 1st, Zacks reports. Stockholders of record on Tuesday, October 15th will be paid a dividend of 0.073 per share on Friday, November 1st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 7.35%. The ex-dividend date of this dividend is Tuesday, October 15th.

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

Nuveen AMT-Free Quality Municipal Income Fund Trading Up 0.3 %

Shares of NEA opened at $11.92 on Friday. The company has a 50-day simple moving average of $11.76 and a 200-day simple moving average of $11.32. Nuveen AMT-Free Quality Municipal Income Fund has a 52-week low of $9.20 and a 52-week high of $12.06.

About Nuveen AMT-Free Quality Municipal Income Fund

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.