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

Nuveen Quality Municipal Income Fund (NYSE:NAD) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be given a dividend of 0.0755 per share by the financial services provider on Monday, December 2nd. This represents a $0.91 annualized dividend and a yield of 7.51%. The ex-dividend date of this dividend is Friday, November 15th. This is an increase from Nuveen Quality Municipal Income Fund’s previous monthly dividend of $0.08.

Nuveen Quality Municipal Income Fund has decreased its dividend by an average of 11.3% per year over the last three years.

Nuveen Quality Municipal Income Fund Stock Performance

Shares of NYSE:NAD traded up $0.04 on Wednesday, hitting $12.06. The company’s stock had a trading volume of 325,154 shares, compared to its average volume of 681,979. The company has a 50-day simple moving average of $12.16 and a 200 day simple moving average of $11.83. Nuveen Quality Municipal Income Fund has a 1 year low of $10.56 and a 1 year high of $12.47.

Nuveen Quality Municipal Income Fund Company Profile

Nuveen 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 invests in undervalued municipal securities and other related investments, the income from which is exempt from regular federal income taxes.