Nuveen Arizona Quality Municipal Income Fund Plans Monthly Dividend of $0.07 (NYSE:NAZ)

Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.0725 per share by the investment management company on Monday, February 3rd. This represents a $0.87 annualized dividend and a dividend yield of 7.37%. The ex-dividend date of this dividend is Wednesday, January 15th.

Nuveen Arizona Quality Municipal Income Fund has raised its dividend payment by an average of 5.5% annually over the last three years.

Nuveen Arizona Quality Municipal Income Fund Stock Performance

NAZ stock opened at $11.81 on Monday. The company has a 50 day moving average price of $11.89 and a 200 day moving average price of $11.72. Nuveen Arizona Quality Municipal Income Fund has a fifty-two week low of $10.52 and a fifty-two week high of $13.33.

Nuveen Arizona Quality Municipal Income Fund Company Profile

Nuveen Arizona Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is managed by Nuveen Asset Management, LLC. It invests in the fixed income markets of Arizona. The fund invests in municipal securities and other related investments the income, exempt from regular federal and Arizona income taxes that are rated Baa or BBB or better and having an average maturity of 18.66 years.