Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) Plans Monthly Dividend of $0.07

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be paid a dividend of 0.0735 per share on Thursday, May 1st. This represents a $0.88 dividend on an annualized basis and a yield of 7.32%. The ex-dividend date of this dividend is Tuesday, April 15th.

Nuveen Minnesota Quality Municipal Income Fund has increased its dividend by an average of 7.3% annually over the last three years.

Nuveen Minnesota Quality Municipal Income Fund Trading Up 0.2 %

Shares of NYSE:NMS traded up $0.03 during midday trading on Thursday, reaching $12.06. 26,834 shares of the company were exchanged, compared to its average volume of 15,152. Nuveen Minnesota Quality Municipal Income Fund has a fifty-two week low of $10.62 and a fifty-two week high of $13.76. The stock has a fifty day simple moving average of $12.33 and a two-hundred day simple moving average of $12.70.

Nuveen Minnesota Quality Municipal Income Fund Company Profile

Nuveen Minnesota 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 the United States. The fund primarily invests in investment grade municipal securities that are exempt from regular federal and Minnesota personal income taxes.