Nuveen Municipal Income Fund, Inc. (NYSE:NMI – Get Free Report) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.038 per share on Monday, December 2nd. This represents a $0.46 dividend on an annualized basis and a yield of 4.74%. The ex-dividend date is Friday, November 15th.
Nuveen Municipal Income Fund has decreased its dividend payment by an average of 2.6% annually over the last three years.
Nuveen Municipal Income Fund Stock Down 0.1 %
Shares of NYSE NMI traded down $0.01 during midday trading on Wednesday, reaching $9.62. 28,583 shares of the company’s stock were exchanged, compared to its average volume of 25,698. The business’s fifty day moving average price is $9.95 and its two-hundred day moving average price is $9.81. Nuveen Municipal Income Fund has a 52-week low of $8.75 and a 52-week 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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