Nuveen Quality Municipal Income Fund (NAD) to Issue Monthly Dividend of $0.07 on November 2nd

Nuveen Quality Municipal Income Fund (NYSE:NAD – Get Free Report) declared a monthly dividend on Thursday, October 1st. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.0705 per share by the financial services provider on Monday, November 2nd. This represents a $0.85 dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date of this dividend is Thursday, October 15th.

Nuveen Quality Municipal Income Fund Trading Up 1.1%

Shares of NAD opened at $10.29 on Friday. Nuveen Quality Municipal Income Fund has a 12 month low of $9.66 and a 12 month high of $12.31. The stock has a fifty day moving average price of $11.25 and a 200-day moving average price of $11.61.

About Nuveen Quality Municipal Income Fund

(Get Free Report)

Nuveen Quality Municipal Income Fund (NYSE: NAD) is a closed-end management investment company designed to provide current income that is exempt from regular federal income tax. The fund invests primarily in municipal securities issued by states, municipalities, public authorities and other governmental entities in the United States.

Its portfolio may include general obligation bonds, revenue bonds and other debt securities used to finance public services and infrastructure, such as transportation, education, utilities and health care facilities.

Further Reading

Dividend History for Nuveen Quality Municipal Income Fund (NYSE:NAD)

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