Nuveen Municipal Income Fund, Inc. (NMI) To Go Ex-Dividend on March 14th

Nuveen Municipal Income Fund, Inc. (NYSE:NMI) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.038 per share on Tuesday, April 1st. This represents a $0.46 dividend on an annualized basis and a yield of 4.64%. The ex-dividend date is Friday, March 14th.

Nuveen Municipal Income Fund has raised its dividend by an average of 6.6% per year over the last three years.

Nuveen Municipal Income Fund Price Performance

NMI opened at $9.84 on Wednesday. The firm has a 50-day simple moving average of $9.75 and a two-hundred day simple moving average of $9.78. Nuveen Municipal Income Fund has a 52 week low of $9.11 and a 52 week 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.