Nuveen Quality Municipal Income Fund (NYSE:NAD – Get Free Report) declared a monthly dividend on Monday, August 3rd. Stockholders of record on Friday, August 14th will be paid a dividend of 0.0705 per share by the financial services provider on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date of this dividend is Friday, August 14th.
Nuveen Quality Municipal Income Fund Trading Up 0.4%
NYSE NAD opened at $11.73 on Wednesday. Nuveen Quality Municipal Income Fund has a 52 week low of $11.11 and a 52 week high of $12.31. The company has a 50 day moving average price of $11.87 and a 200 day moving average price of $11.88.
About Nuveen Quality Municipal Income Fund
Nuveen Quality Municipal Income Fund (NYSE:NAD) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal income taxes. The fund primarily invests in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds, issued by state and local governments across the United States. By focusing on high-quality issuers, the fund aims to balance income generation with prudent risk management.
Launched in July 2022, NAD is managed by Nuveen Asset Management, a subsidiary of TIAA with decades of experience in municipal bond investing.
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