Nuveen Quality Municipal Income Fund (NYSE:NAD – Get Free Report) declared a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be paid a dividend of 0.0705 per share by the financial services provider on Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend is Wednesday, July 15th.
Nuveen Quality Municipal Income Fund Stock Up 0.0%
NAD stock opened at $11.94 on Monday. Nuveen Quality Municipal Income Fund has a twelve month low of $11.04 and a twelve month high of $12.31. The business’s 50-day moving average price is $11.87 and its 200-day moving average price is $11.92.
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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