Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) Plans Monthly Dividend of $0.07

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.073 per share on Monday, March 3rd. This represents a $0.88 annualized dividend and a yield of 7.63%. The ex-dividend date is Friday, February 14th.

Nuveen AMT-Free Quality Municipal Income Fund has raised its dividend by an average of 2.1% per year over the last three years.

Nuveen AMT-Free Quality Municipal Income Fund Trading Up 0.6 %

Shares of NEA stock traded up $0.07 during trading hours on Tuesday, hitting $11.49. 759,181 shares of the company’s stock were exchanged, compared to its average volume of 956,135. The firm has a 50 day moving average of $11.42 and a two-hundred day moving average of $11.59. Nuveen AMT-Free Quality Municipal Income Fund has a fifty-two week low of $10.53 and a fifty-two week high of $12.06.

Nuveen AMT-Free Quality Municipal Income Fund Company Profile

Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax.