Nuveen Quality Municipal Income Fund Declares Monthly Dividend of $0.08 (NYSE:NAD)

Nuveen Quality Municipal Income Fund (NYSE:NAD) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be paid a dividend of 0.0755 per share by the financial services provider on Thursday, May 1st. This represents a $0.91 annualized dividend and a dividend yield of 7.85%. The ex-dividend date of this dividend is Tuesday, April 15th.

Nuveen Quality Municipal Income Fund has raised its dividend by an average of 2.7% per year over the last three years.

Nuveen Quality Municipal Income Fund Stock Up 0.0 %

NAD traded up $0.01 during trading on Thursday, hitting $11.54. The company’s stock had a trading volume of 867,721 shares, compared to its average volume of 758,747. The business’s 50 day simple moving average is $11.75 and its 200-day simple moving average is $11.91. Nuveen Quality Municipal Income Fund has a one year low of $10.84 and a one year high of $12.47.

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.