Nuveen Multi-Market Income Fund (NYSE:JMM) to Issue Monthly Dividend of $0.03

Nuveen Multi-Market Income Fund (NYSE:JMM) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be paid a dividend of 0.029 per share on Thursday, May 1st. This represents a $0.35 dividend on an annualized basis and a yield of 5.67%. The ex-dividend date of this dividend is Tuesday, April 15th.

Nuveen Multi-Market Income Fund Price Performance

Shares of JMM stock traded down $0.08 during trading hours on Thursday, hitting $6.14. 11,863 shares of the company’s stock traded hands, compared to its average volume of 6,183. The stock’s fifty day simple moving average is $6.15 and its two-hundred day simple moving average is $6.13. Nuveen Multi-Market Income Fund has a 12-month low of $5.78 and a 12-month high of $6.47.

About Nuveen Multi-Market Income Fund

Nuveen Multi-Market 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 seeks to invest in securities of companies operating across diversified sectors.