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

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.073 per share on Tuesday, April 1st. This represents a $0.88 annualized dividend and a yield of 7.57%. The ex-dividend date of this dividend is Friday, March 14th.

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

Nuveen AMT-Free Quality Municipal Income Fund Stock Performance

Shares of Nuveen AMT-Free Quality Municipal Income Fund stock traded down $0.04 on Tuesday, reaching $11.57. 930,477 shares of the company were exchanged, compared to its average volume of 969,649. The stock’s 50 day moving average price is $11.39 and its 200-day moving average price is $11.59. Nuveen AMT-Free Quality Municipal Income Fund has a 1-year low of $10.53 and a 1-year 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.