Nuveen Taxable Municipal Income Fund (NYSE:NBB – Get Free Report) declared a dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.0965 per share on Tuesday, April 1st. The ex-dividend date of this dividend is Friday, March 14th.
Nuveen Taxable Municipal Income Fund has decreased its dividend payment by an average of 6.0% annually over the last three years.
Nuveen Taxable Municipal Income Fund Stock Down 1.4 %
NYSE:NBB traded down $0.24 during trading hours on Tuesday, reaching $16.24. 102,750 shares of the company traded hands, compared to its average volume of 69,370. The business’s 50-day moving average price is $15.65 and its two-hundred day moving average price is $16.08. Nuveen Taxable Municipal Income Fund has a 1 year low of $14.52 and a 1 year high of $17.31.
Nuveen Taxable Municipal Income Fund Company Profile
Nuveen Taxable 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 the United States. The fund also invests some portion of its portfolio in derivative instruments.
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