Nuveen Arizona Quality Municipal Income Fund Announces Monthly Dividend of $0.07 (NYSE:NAZ)

Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.0725 per share by the investment management company on Monday, March 3rd. This represents a $0.87 annualized dividend and a yield of 6.99%. The ex-dividend date is Friday, February 14th.

Nuveen Arizona Quality Municipal Income Fund has increased its dividend by an average of 5.5% annually over the last three years.

Nuveen Arizona Quality Municipal Income Fund Trading Up 0.3 %

Shares of NYSE:NAZ traded up $0.04 during midday trading on Tuesday, hitting $12.45. 9,320 shares of the company’s stock were exchanged, compared to its average volume of 21,019. Nuveen Arizona Quality Municipal Income Fund has a 12 month low of $10.52 and a 12 month high of $13.33. The stock has a 50 day moving average price of $11.93 and a 200-day moving average price of $11.82.

Nuveen Arizona Quality Municipal Income Fund Company Profile

Nuveen Arizona Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is managed by Nuveen Asset Management, LLC. It invests in the fixed income markets of Arizona. The fund invests in municipal securities and other related investments the income, exempt from regular federal and Arizona income taxes that are rated Baa or BBB or better and having an average maturity of 18.66 years.