Nuveen Missouri Quality Municipal Income Fund (NOM) To Go Ex-Dividend on March 13th

Nuveen Missouri Quality Municipal Income Fund (NYSE:NOM) declared a monthly dividend on Monday, March 2nd. Stockholders of record on Friday, March 13th will be paid a dividend of 0.061 per share on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date is Friday, March 13th.

Nuveen Missouri Quality Municipal Income Fund Price Performance

NOM stock traded up $0.11 during trading on Wednesday, hitting $10.83. The company had a trading volume of 127 shares, compared to its average volume of 9,222. The company has a fifty day moving average price of $11.33 and a two-hundred day moving average price of $11.16. Nuveen Missouri Quality Municipal Income Fund has a fifty-two week low of $9.63 and a fifty-two week high of $12.19.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of NOM. Cetera Investment Advisers grew its stake in Nuveen Missouri Quality Municipal Income Fund by 3.5% in the second quarter. Cetera Investment Advisers now owns 90,189 shares of the company’s stock valued at $935,000 after acquiring an additional 3,017 shares during the period. Baird Financial Group Inc. raised its holdings in shares of Nuveen Missouri Quality Municipal Income Fund by 29.1% during the second quarter. Baird Financial Group Inc. now owns 13,745 shares of the company’s stock worth $142,000 after acquiring an additional 3,100 shares during the period. Finally, Susquehanna International Group LLP acquired a new position in Nuveen Missouri Quality Municipal Income Fund during the 3rd quarter worth approximately $117,000. Institutional investors own 14.77% of the company’s stock.

About Nuveen Missouri Quality Municipal Income Fund

Nuveen Missouri Quality Municipal Income Fund (NYSE: NOM) is a closed-end investment company that focuses on high-quality, tax-exempt municipal securities issued by the state of Missouri and its political subdivisions. The fund seeks to provide a high level of current income that is exempt from federal—and, where applicable, Missouri state and local—income taxes. By concentrating on investment-grade general obligation and revenue bonds, the portfolio aims to balance income potential with capital preservation.

Managed by Nuveen Asset Management, a subsidiary of TIAA, the fund employs a disciplined, research-driven approach to credit selection and risk management.