Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) to Issue $0.07 Monthly Dividend

Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.0725 per share by the investment management company on Thursday, May 1st. This represents a $0.87 dividend on an annualized basis and a yield of 7.16%. The ex-dividend date is Tuesday, April 15th.

Nuveen Arizona Quality Municipal Income Fund has raised its dividend payment by an average of 7.4% per year over the last three years.

Nuveen Arizona Quality Municipal Income Fund Stock Performance

NYSE NAZ opened at $12.15 on Friday. Nuveen Arizona Quality Municipal Income Fund has a fifty-two week low of $10.52 and a fifty-two week high of $13.55. The stock’s 50-day moving average is $12.36 and its two-hundred day moving average is $12.03.

Nuveen Arizona Quality Municipal Income Fund Company Profile

Nuveen Arizona Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is managed by Nuveen Asset Management, LLC. It invests in the fixed income markets of Arizona. The fund invests in municipal securities and other related investments the income, exempt from regular federal and Arizona income taxes that are rated Baa or BBB or better and having an average maturity of 18.66 years.