Nuveen Taxable Municipal Income Fund (NYSE:NBB – Get Free Report) declared a dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.0965 per share on Tuesday, April 1st. The ex-dividend date is Friday, March 14th.
Nuveen Taxable Municipal Income Fund has decreased its dividend by an average of 6.0% annually over the last three years.
Nuveen Taxable Municipal Income Fund Trading Down 1.4 %
Shares of NBB traded down $0.24 on Tuesday, reaching $16.24. The stock had a trading volume of 102,750 shares, compared to its average volume of 69,370. The company has a 50-day simple moving average of $15.65 and a 200-day simple moving average of $16.08. Nuveen Taxable Municipal Income Fund has a 12-month low of $14.52 and a 12-month high of $17.31.
About Nuveen Taxable Municipal Income Fund
Nuveen Taxable 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 also invests some portion of its portfolio in derivative instruments.
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