Nuveen Municipal Income Fund, Inc. (NYSE:NMI) Announces Monthly Dividend of $0.04

Nuveen Municipal Income Fund, Inc. (NYSE:NMI) declared a monthly dividend on Monday, November 3rd. Investors of record on Friday, November 14th will be paid a dividend of 0.038 per share on Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Friday, November 14th.

Nuveen Municipal Income Fund Price Performance

NYSE:NMI opened at $9.99 on Tuesday. Nuveen Municipal Income Fund has a one year low of $9.21 and a one year high of $10.85. The company’s 50-day simple moving average is $9.91 and its 200 day simple moving average is $9.87.

Nuveen Municipal Income Fund Company Profile

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.