Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) Plans $0.06 Monthly Dividend

Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) announced a monthly dividend on Tuesday, September 1st. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.062 per share by the investment management company on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Tuesday, September 15th.

Nuveen Arizona Quality Municipal Income Fund Price Performance

Shares of Nuveen Arizona Quality Municipal Income Fund stock opened at $12.26 on Wednesday. Nuveen Arizona Quality Municipal Income Fund has a 52-week low of $11.62 and a 52-week high of $13.42. The company’s fifty day moving average price is $12.41 and its two-hundred day moving average price is $12.48.

Nuveen Arizona Quality Municipal Income Fund Company Profile

Nuveen Arizona Quality Municipal Income Fund (NYSE: NAZ) is a closed-end management investment company that seeks to provide shareholders with a high level of current income that is exempt from regular U.S. federal income tax. Managed by Nuveen Asset Management, the fund focuses on investment-grade municipal obligations issued by or on behalf of entities located in the state of Arizona. Its portfolio typically includes general obligation bonds, revenue bonds and essential-purpose municipal securities backed by state and local governments and quasi-governmental agencies.

The fund employs fundamental credit analysis to select bonds that meet rigorous quality standards, aiming to preserve principal while generating tax-advantaged income.