Nuveen California Quality Municipal Income Fund (NYSE:NAC) Plans Monthly Dividend of $0.07

Nuveen California Quality Municipal Income Fund (NYSE:NAC) declared a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Shareholders of record on Friday, September 13th will be paid a dividend of 0.0735 per share on Tuesday, October 1st. This represents a $0.88 annualized dividend and a yield of 7.36%. The ex-dividend date of this dividend is Friday, September 13th. This is a positive change from Nuveen California Quality Municipal Income Fund’s previous monthly dividend of $0.07.

Nuveen California Quality Municipal Income Fund has decreased its dividend payment by an average of 10.9% annually over the last three years.

Nuveen California Quality Municipal Income Fund Stock Performance

NYSE:NAC remained flat at $11.99 during trading hours on Thursday. The company’s stock had a trading volume of 26,851 shares, compared to its average volume of 373,826. The business’s 50 day simple moving average is $11.68 and its 200-day simple moving average is $11.28. Nuveen California Quality Municipal Income Fund has a fifty-two week low of $9.32 and a fifty-two week high of $12.03.

Nuveen California Quality Municipal Income Fund Company Profile

Nuveen California 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 California, United States. The fund invests in undervalued municipal securities and other related investments that are exempt from regular federal and California income taxes.