Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) to Issue Monthly Dividend of $0.07

Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) declared a monthly dividend on Monday, February 2nd. Stockholders of record on Friday, February 13th will be paid a dividend of 0.0655 per share by the investment management company on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend is Friday, February 13th.

Nuveen Arizona Quality Municipal Income Fund Price Performance

Shares of NAZ traded up $0.01 during mid-day trading on Tuesday, hitting $12.05. 1,589 shares of the company traded hands, compared to its average volume of 31,152. The business has a 50-day moving average of $11.97 and a 200 day moving average of $11.89. Nuveen Arizona Quality Municipal Income Fund has a one year low of $11.40 and a one year high of $13.55.

Nuveen Arizona Quality Municipal Income Fund Company Profile

Nuveen Arizona Quality Municipal Income Fund (NYSE: NAZ) is a closed-end management investment company that seeks to provide shareholders with a high level of current income that is exempt from regular U.S. federal income tax. Managed by Nuveen Asset Management, the fund focuses on investment-grade municipal obligations issued by or on behalf of entities located in the state of Arizona. Its portfolio typically includes general obligation bonds, revenue bonds and essential-purpose municipal securities backed by state and local governments and quasi-governmental agencies.

The fund employs fundamental credit analysis to select bonds that meet rigorous quality standards, aiming to preserve principal while generating tax-advantaged income.