Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS – Get Free Report) declared a monthly dividend on Monday, August 3rd. Stockholders of record on Friday, August 14th will be paid a dividend of 0.063 per share on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend is Friday, August 14th.
Nuveen Minnesota Quality Municipal Income Fund Price Performance
NMS opened at $11.47 on Wednesday. The business has a 50 day moving average of $12.13 and a 200-day moving average of $12.10. Nuveen Minnesota Quality Municipal Income Fund has a 1-year low of $11.19 and a 1-year high of $12.50.
About Nuveen Minnesota Quality Municipal Income Fund
Nuveen Minnesota Quality Municipal Income Fund (NYSE: NMS) is a closed-end investment company managed by Nuveen, a global asset manager specializing in fixed income and tax-advantaged strategies. The fund’s primary objective is to provide current income exempt from federal and Minnesota state personal income taxes by investing predominantly in municipal securities issued by entities located in or serving the state of Minnesota.
The fund’s portfolio is concentrated in investment-grade general obligation and revenue bonds that finance public projects such as schools, transportation infrastructure, and utilities throughout Minnesota.
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