Nuveen Municipal Income Fund, Inc. (NYSE:NMI – Get Free Report) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.038 per share on Tuesday, December 31st. This represents a $0.46 annualized dividend and a yield of 4.72%. The ex-dividend date is Friday, December 13th.
Nuveen Municipal Income Fund has decreased its dividend by an average of 2.6% annually over the last three years.
Nuveen Municipal Income Fund Stock Performance
NMI opened at $9.66 on Wednesday. The stock’s 50 day simple moving average is $9.76 and its 200 day simple moving average is $9.84. Nuveen Municipal Income Fund has a 1-year low of $8.83 and a 1-year high of $10.30.
About Nuveen Municipal Income Fund
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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