Nuveen New Jersey Quality Municipal Income Fund (NXJ) to Issue Monthly Dividend of $0.08 on May 1st

Nuveen New Jersey Quality Municipal Income Fund (NYSE:NXJ) announced a monthly dividend on Wednesday, April 1st. Stockholders of record on Wednesday, April 15th will be paid a dividend of 0.0785 per share on Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date is Wednesday, April 15th.

Nuveen New Jersey Quality Municipal Income Fund Stock Performance

Shares of NYSE:NXJ traded down $0.01 during midday trading on Monday, hitting $12.45. 43,069 shares of the stock were exchanged, compared to its average volume of 111,217. The business’s 50-day moving average price is $12.39 and its 200 day moving average price is $12.53. Nuveen New Jersey Quality Municipal Income Fund has a 12 month low of $11.06 and a 12 month high of $12.90.

Institutional Trading of Nuveen New Jersey Quality Municipal Income Fund

Large investors have recently bought and sold shares of the business. Jane Street Group LLC bought a new stake in shares of Nuveen New Jersey Quality Municipal Income Fund during the 2nd quarter valued at about $161,000. Kestra Advisory Services LLC bought a new stake in Nuveen New Jersey Quality Municipal Income Fund in the fourth quarter worth approximately $54,000. Global Retirement Partners LLC acquired a new position in Nuveen New Jersey Quality Municipal Income Fund in the fourth quarter valued at approximately $40,000. Green Ridge Wealth Planning LLC acquired a new position in Nuveen New Jersey Quality Municipal Income Fund in the fourth quarter valued at approximately $164,000. Finally, OMNI 360 Wealth Inc. boosted its holdings in shares of Nuveen New Jersey Quality Municipal Income Fund by 31.3% during the 4th quarter. OMNI 360 Wealth Inc. now owns 24,588 shares of the company’s stock worth $311,000 after buying an additional 5,860 shares in the last quarter.

About Nuveen New Jersey Quality Municipal Income Fund

Nuveen New Jersey Quality Municipal Income Fund (NYSE: NXJ) is a closed-end management investment company sponsored by Nuveen, a subsidiary of TIAA Global Asset Management. Established to serve investors seeking tax-advantaged income, the fund is listed on the New York Stock Exchange and is managed by Nuveen’s municipal fixed-income team. It draws on Nuveen’s longstanding expertise in the municipal bond market to construct a portfolio aligned with its stated objectives.

The fund’s primary objective is to provide a high level of current income exempt from federal and New Jersey personal income taxes.