Nuveen Municipal Income Fund, Inc. (NYSE:NMI – Get Free Report) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.038 per share on Monday, March 3rd. This represents a $0.46 dividend on an annualized basis and a yield of 4.61%. The ex-dividend date is Friday, February 14th.
Nuveen Municipal Income Fund has raised its dividend payment by an average of 6.6% annually over the last three years.
Nuveen Municipal Income Fund Stock Performance
Shares of NMI opened at $9.90 on Wednesday. The company’s fifty day moving average is $9.59 and its 200-day moving average is $9.82. Nuveen Municipal Income Fund has a 12 month low of $9.11 and a 12 month high of $10.30.
Nuveen Municipal Income Fund Company Profile
Nuveen Municipal Income Fund, Inc 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 municipal obligations issued by state and local government authorities.
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