Nuveen Municipal Income Fund, Inc. (NYSE:NMI – Get Free Report) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be given a dividend of 0.038 per share on Tuesday, April 1st. This represents a $0.46 dividend on an annualized basis and a yield of 4.64%. The ex-dividend date of this dividend is Friday, March 14th.
Nuveen Municipal Income Fund has raised its dividend by an average of 6.6% annually over the last three years.
Nuveen Municipal Income Fund Stock Down 0.2 %
NMI opened at $9.84 on Wednesday. The stock’s 50 day moving average price is $9.75 and its 200-day moving average price is $9.78. Nuveen Municipal Income Fund has a one year low of $9.11 and a one year high of $10.30.
Nuveen Municipal Income Fund Company Profile
Nuveen Municipal Income Fund, Inc 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 municipal obligations issued by state and local government authorities.
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