Nuveen Municipal Income Fund, Inc. (NYSE:NMI – Get Free Report) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be given a dividend of 0.038 per share on Tuesday, December 31st. This represents a $0.46 annualized dividend and a dividend yield of 4.72%. The ex-dividend date is Friday, December 13th.
Nuveen Municipal Income Fund has decreased its dividend by an average of 2.6% annually over the last three years.
Nuveen Municipal Income Fund Price Performance
Shares of NYSE:NMI traded up $0.03 during trading on Tuesday, reaching $9.66. The company had a trading volume of 36,474 shares, compared to its average volume of 25,896. The company has a fifty day moving average of $9.77 and a two-hundred day moving average of $9.83. Nuveen Municipal Income Fund has a 12 month low of $8.83 and a 12 month 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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