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

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be given a dividend of 0.073 per share on Monday, December 2nd. This represents a $0.88 annualized dividend and a yield of 7.58%. The ex-dividend date is Friday, November 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 Price Performance

NYSE:NEA traded up $0.06 on Wednesday, reaching $11.55. 263,669 shares of the company’s stock traded hands, compared to its average volume of 894,931. The stock has a 50-day simple moving average of $11.75 and a 200-day simple moving average of $11.45. Nuveen AMT-Free Quality Municipal Income Fund has a 12 month low of $10.22 and a 12 month 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.