Nuveen Quality Municipal Income Fund (NAD) To Go Ex-Dividend on December 13th

Nuveen Quality Municipal Income Fund (NYSE:NAD) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.0755 per share by the financial services provider on Tuesday, December 31st. This represents a $0.91 annualized dividend and a yield of 7.35%. The ex-dividend date is Friday, December 13th.

Nuveen Quality Municipal Income Fund has decreased its dividend by an average of 11.3% annually over the last three years.

Nuveen Quality Municipal Income Fund Stock Performance

Shares of NYSE:NAD opened at $12.33 on Wednesday. The business has a fifty day moving average price of $12.13 and a 200-day moving average price of $11.93. Nuveen Quality Municipal Income Fund has a 1-year low of $10.84 and a 1-year high of $12.47.

About Nuveen Quality Municipal Income Fund

Nuveen Quality 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 invests in undervalued municipal securities and other related investments, the income from which is exempt from regular federal income taxes.