Nuveen Pennsylvania Quality Municipal Income Fund Announces Monthly Dividend of $0.08 (NYSE:NQP)

Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQPGet Free Report) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.078 per share by the financial services provider on Monday, March 3rd. This represents a $0.94 dividend on an annualized basis and a yield of 8.07%. The ex-dividend date is Friday, February 14th.

Nuveen Pennsylvania Quality Municipal Income Fund has increased its dividend payment by an average of 3.6% per year over the last three years.

Nuveen Pennsylvania Quality Municipal Income Fund Stock Down 0.0 %

NYSE:NQP traded down $0.01 during mid-day trading on Tuesday, reaching $11.60. The company’s stock had a trading volume of 76,043 shares, compared to its average volume of 81,984. The company’s fifty day simple moving average is $11.51 and its two-hundred day simple moving average is $12.02. Nuveen Pennsylvania Quality Municipal Income Fund has a twelve month low of $11.05 and a twelve month high of $12.89.

Insider Transactions at Nuveen Pennsylvania Quality Municipal Income Fund

In other news, major shareholder Saba Capital Management, L.P. acquired 34,334 shares of the business’s stock in a transaction dated Tuesday, December 31st. The shares were bought at an average cost of $11.16 per share, for a total transaction of $383,167.44. Following the acquisition, the insider now directly owns 5,058,973 shares in the company, valued at $56,458,138.68. This trade represents a 0.68 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.00% of the company’s stock.

Nuveen Pennsylvania Quality Municipal Income Fund Company Profile

(Get Free Report)

Nuveen Pennsylvania 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 Pennsylvania. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.

Featured Articles

Dividend History for Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP)

Receive News & Ratings for Nuveen Pennsylvania Quality Municipal Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Pennsylvania Quality Municipal Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.