Nuveen Municipal Income Fund, Inc. (NYSE:NMI – Get Free Report) announced a monthly dividend on Tuesday, September 1st. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.038 per share on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Tuesday, September 15th.
Nuveen Municipal Income Fund Stock Down 0.6%
NMI opened at $10.39 on Thursday. Nuveen Municipal Income Fund has a 12-month low of $9.62 and a 12-month high of $11.28. The business has a 50 day moving average of $10.69 and a 200-day moving average of $10.51.
About Nuveen Municipal Income Fund
Nuveen Municipal Income Fund (NYSE: NMI) is a closed-end management investment company that seeks to provide current income exempt from federal income tax. The fund primarily invests in municipal obligations issued by U.S. states, territories and municipalities, as well as certain municipal securities issued outside the United States. By focusing on a diversified portfolio of investment-grade and select below-investment-grade municipal bonds, NMI aims to deliver tax-advantaged income to its shareholders.
The fund’s portfolio typically includes general obligation bonds, revenue bonds and other municipal securities across a broad range of sectors, including transportation, utilities, health care and education.
Featured Articles
- Five stocks we like better than Nuveen Municipal Income Fund
- SLB’s Kelvion Deal Could Change How Investors Value the Oilfield Giant
- Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
- J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It
- Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real?
Receive News & Ratings for Nuveen Municipal Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Municipal Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
