Nuveen AMT-Free Quality Municipal Income Fund (NEA) To Go Ex-Dividend on November 15th

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.073 per share on Monday, December 2nd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 7.60%. The ex-dividend date of this dividend is Friday, November 15th.

Nuveen AMT-Free Quality Municipal Income Fund has decreased its dividend payment by an average of 13.5% annually over the last three years.

Nuveen AMT-Free Quality Municipal Income Fund Price Performance

Shares of NYSE:NEA traded up $0.03 during midday trading on Wednesday, reaching $11.52. 585,271 shares of the company’s stock were exchanged, compared to its average volume of 896,393. Nuveen AMT-Free Quality Municipal Income Fund has a 12 month low of $10.22 and a 12 month high of $12.06. The company’s 50 day simple moving average is $11.75 and its two-hundred day simple moving average is $11.45.

About Nuveen AMT-Free Quality Municipal Income Fund

Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax.