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

Nuveen California Quality Municipal Income Fund (NYSE:NAC) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be given a dividend of 0.0735 per share on Tuesday, December 31st. This represents a $0.88 dividend on an annualized basis and a yield of 7.43%. The ex-dividend date is Friday, December 13th.

Nuveen California Quality Municipal Income Fund has decreased its dividend payment by an average of 10.9% per year over the last three years.

Nuveen California Quality Municipal Income Fund Stock Down 0.1 %

NAC opened at $11.87 on Wednesday. Nuveen California Quality Municipal Income Fund has a 1 year low of $10.60 and a 1 year high of $12.03. The firm’s fifty day moving average price is $11.61 and its two-hundred day moving average price is $11.61.

About Nuveen California Quality Municipal Income Fund

Nuveen California 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 California, United States. The fund invests in undervalued municipal securities and other related investments that are exempt from regular federal and California income taxes.