Nuveen Minnesota Quality Municipal Income Fund (NMS) To Go Ex-Dividend on November 15th

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.0735 per share on Monday, December 2nd. This represents a $0.88 dividend on an annualized basis and a yield of 6.62%. The ex-dividend date of this dividend is Friday, November 15th. This is a boost from Nuveen Minnesota Quality Municipal Income Fund’s previous monthly dividend of $0.07.

Nuveen Minnesota Quality Municipal Income Fund has decreased its dividend by an average of 8.8% annually over the last three years.

Nuveen Minnesota Quality Municipal Income Fund Stock Performance

Shares of Nuveen Minnesota Quality Municipal Income Fund stock traded down $0.05 during trading on Wednesday, hitting $13.33. 8,714 shares of the stock traded hands, compared to its average volume of 14,149. The stock’s fifty day simple moving average is $13.08 and its 200 day simple moving average is $12.11. Nuveen Minnesota Quality Municipal Income Fund has a 52-week low of $10.04 and a 52-week high of $13.76.

About Nuveen Minnesota Quality Municipal Income Fund

Nuveen Minnesota Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities that are exempt from regular federal and Minnesota personal income taxes.