Nuveen Municipal Income Fund, Inc. (NMI) to Issue Monthly Dividend of $0.03 on May 3rd


Share on StockTwits

Nuveen Municipal Income Fund, Inc. (NYSE:NMI) declared a monthly dividend on Tuesday, April 6th, Wall Street Journal reports. Investors of record on Thursday, April 15th will be given a dividend of 0.033 per share on Monday, May 3rd. This represents a $0.40 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date is Wednesday, April 14th.

NYSE:NMI opened at $11.52 on Thursday. Nuveen Municipal Income Fund has a 1 year low of $10.11 and a 1 year high of $12.00. The firm’s fifty day simple moving average is $11.34 and its 200 day simple moving average is $11.39.

About Nuveen Municipal Income Fund

Nuveen Municipal Income Fund, Inc is a closed ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in municipal obligations issued by state and local government authorities.

Read More: Why Invest in High-Yield Dividend Stocks?

Dividend History for Nuveen Municipal Income Fund (NYSE:NMI)

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.