Nuveen California Quality Municipal Income Fund (NYSE:NAC) Declares Monthly Dividend of $0.07

Nuveen California Quality Municipal Income Fund (NYSE:NAC) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors 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 dividend on an annualized basis and a yield of 7.70%. The ex-dividend date is Friday, February 14th.

Nuveen California Quality Municipal Income Fund has increased its dividend payment by an average of 4.6% per year over the last three years.

Nuveen California Quality Municipal Income Fund Stock Up 0.7 %

NYSE NAC traded up $0.08 during trading hours on Tuesday, hitting $11.46. 539,859 shares of the company’s stock traded hands, compared to its average volume of 445,712. The firm’s 50-day moving average is $11.38 and its 200-day moving average is $11.58. Nuveen California Quality Municipal Income Fund has a 52-week low of $10.60 and a 52-week high of $12.03.

Nuveen California Quality Municipal Income Fund Company Profile

Nuveen California 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 California, United States. The fund invests in undervalued municipal securities and other related investments that are exempt from regular federal and California income taxes.