Nuveen Minnesota Quality Municipal Income Fund (NMS) to Issue Monthly Dividend of $0.07 on February 2nd

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Thursday, January 15th will be paid a dividend of 0.0665 per share on Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Thursday, January 15th.

Nuveen Minnesota Quality Municipal Income Fund Trading Up 0.3%

Shares of NMS traded up $0.04 during midday trading on Tuesday, hitting $11.82. 18,280 shares of the stock were exchanged, compared to its average volume of 12,109. Nuveen Minnesota Quality Municipal Income Fund has a 52-week low of $11.07 and a 52-week high of $12.60. The stock has a fifty day simple moving average of $11.90 and a 200 day simple moving average of $11.67.

Nuveen Minnesota Quality Municipal Income Fund Company Profile

Nuveen Minnesota Quality Municipal Income Fund (NYSE: NMS) is a closed-end investment company managed by Nuveen, a global asset manager specializing in fixed income and tax-advantaged strategies. The fund’s primary objective is to provide current income exempt from federal and Minnesota state personal income taxes by investing predominantly in municipal securities issued by entities located in or serving the state of Minnesota.

The fund’s portfolio is concentrated in investment-grade general obligation and revenue bonds that finance public projects such as schools, transportation infrastructure, and utilities throughout Minnesota.