Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) Declares $0.07 Monthly Dividend

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.0735 per share on Monday, March 3rd. This represents a $0.88 annualized dividend and a yield of 7.10%. The ex-dividend date of this dividend is Friday, February 14th.

Nuveen Minnesota Quality Municipal Income Fund has increased its dividend by an average of 7.3% per year over the last three years.

Nuveen Minnesota Quality Municipal Income Fund Stock Performance

NYSE:NMS traded up $0.04 during midday trading on Tuesday, reaching $12.43. The stock had a trading volume of 27,690 shares, compared to its average volume of 13,190. Nuveen Minnesota Quality Municipal Income Fund has a 1-year low of $10.62 and a 1-year high of $13.76. The firm’s fifty day simple moving average is $12.59 and its 200-day simple moving average is $12.75.

About Nuveen Minnesota Quality Municipal Income Fund

Nuveen Minnesota Quality 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 primarily invests in investment grade municipal securities that are exempt from regular federal and Minnesota personal income taxes.