Nuveen Municipal Income Fund, Inc. Announces Monthly Dividend of $0.04 (NYSE:NMI)

Nuveen Municipal Income Fund, Inc. (NYSE:NMI) announced a monthly dividend on Monday, November 3rd. Investors of record on Friday, November 14th will be given a dividend of 0.038 per share on Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date is Friday, November 14th.

Nuveen Municipal Income Fund Trading Down 0.5%

NYSE:NMI opened at $10.00 on Tuesday. Nuveen Municipal Income Fund has a 52-week low of $9.21 and a 52-week high of $10.85. The business’s fifty day moving average is $9.91 and its 200 day moving average is $9.87.

Nuveen Municipal Income Fund Company Profile

Nuveen Municipal Income Fund, Inc 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 municipal obligations issued by state and local government authorities.