Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS – Get Free Report) announced a monthly dividend on Tuesday, September 1st. Investors of record on Tuesday, September 15th will be given a dividend of 0.063 per share on Thursday, October 1st. This represents a c) annualized dividend and a yield of 7.2%. The ex-dividend date is Tuesday, September 15th.
Nuveen Minnesota Quality Municipal Income Fund Price Performance
NYSE:NMS opened at $10.49 on Friday. Nuveen Minnesota Quality Municipal Income Fund has a 52-week low of $10.40 and a 52-week high of $12.50. The stock has a fifty day moving average of $11.49 and a 200 day moving average of $11.91.
About Nuveen Minnesota Quality Municipal Income Fund
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.
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