Nuveen Taxable Municipal Income Fund (NYSE:NBB) Plans Dividend of $0.10

Nuveen Taxable Municipal Income Fund (NYSE:NBB) declared a dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be given a dividend of 0.0965 per share on Thursday, August 1st. The ex-dividend date is Monday, July 15th.

Nuveen Taxable Municipal Income Fund has increased its dividend payment by an average of 6.0% per year over the last three years.

Nuveen Taxable Municipal Income Fund Trading Down 0.9 %

Shares of NYSE:NBB traded down $0.14 during trading on Tuesday, reaching $15.25. The stock had a trading volume of 84,682 shares, compared to its average volume of 71,458. Nuveen Taxable Municipal Income Fund has a 52 week low of $13.67 and a 52 week high of $16.28. The stock has a fifty day simple moving average of $15.07 and a two-hundred day simple moving average of $15.38.

Nuveen Taxable Municipal Income Fund Company Profile

Nuveen Taxable Municipal Income Fund 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 also invests some portion of its portfolio in derivative instruments.