Nuveen Quality Municipal Income Fund (NAD) To Go Ex-Dividend on November 15th

Nuveen Quality Municipal Income Fund (NYSE:NAD) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.0755 per share by the financial services provider on Monday, December 2nd. This represents a $0.91 annualized dividend and a yield of 7.52%. The ex-dividend date is Friday, November 15th. This is a boost from Nuveen Quality Municipal Income Fund’s previous monthly dividend of $0.08.

Nuveen Quality Municipal Income Fund has decreased its dividend payment by an average of 11.3% annually over the last three years.

Nuveen Quality Municipal Income Fund Stock Up 0.2 %

Shares of NYSE:NAD traded up $0.03 during trading on Wednesday, hitting $12.05. The stock had a trading volume of 361,474 shares, compared to its average volume of 682,238. The firm’s fifty day moving average is $12.16 and its 200 day moving average is $11.83. Nuveen Quality Municipal Income Fund has a 12 month low of $10.56 and a 12 month 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.