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

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.073 per share on Monday, February 3rd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 7.65%. The ex-dividend date of this dividend is Wednesday, January 15th.

Nuveen AMT-Free Quality Municipal Income Fund has decreased its dividend by an average of 13.5% annually over the last three years.

Nuveen AMT-Free Quality Municipal Income Fund Trading Up 0.7 %

Shares of Nuveen AMT-Free Quality Municipal Income Fund stock traded up $0.08 on Friday, reaching $11.45. The stock had a trading volume of 966,652 shares, compared to its average volume of 849,326. The business’s 50 day moving average is $11.53 and its two-hundred day moving average is $11.60. Nuveen AMT-Free Quality Municipal Income Fund has a 1 year low of $10.53 and a 1 year 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.