Nuveen Quality Municipal Income Fund (NYSE:NAD) Shareholders Set to Receive $0.07 Monthly Dividend

Nuveen Quality Municipal Income Fund (NYSE:NAD – Get Free Report) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Thursday, October 15th will be given a dividend of $0.0705 per share by the financial services provider on Monday, November 2nd. This represents a $0.85 annualized dividend and a yield of 8.2%. The ex-dividend date of this dividend is Thursday, October 15th.

Nuveen Quality Municipal Income Fund Price Performance

NAD opened at $10.31 on Friday. The stock’s 50 day moving average price is $11.27 and its 200-day moving average price is $11.62. Nuveen Quality Municipal Income Fund has a 52-week low of $9.66 and a 52-week high of $12.31.

About Nuveen Quality Municipal Income Fund

(Get Free Report)

Nuveen Quality Municipal Income Fund (NYSE: NAD) is a closed-end management investment company designed to provide current income that is exempt from regular federal income tax. The fund invests primarily in municipal securities issued by states, municipalities, public authorities and other governmental entities in the United States.

Its portfolio may include general obligation bonds, revenue bonds and other debt securities used to finance public services and infrastructure, such as transportation, education, utilities and health care facilities.

Further Reading

Dividend History for Nuveen Quality Municipal Income Fund (NYSE:NAD)

Receive News & Ratings for Nuveen Quality Municipal Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Quality Municipal Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.