Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS – Get Free Report) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be paid a dividend of 0.0735 per share on Thursday, May 1st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 7.34%. The ex-dividend date of this dividend is Tuesday, April 15th.
Nuveen Minnesota Quality Municipal Income Fund has raised its dividend payment by an average of 7.3% annually over the last three years.
Nuveen Minnesota Quality Municipal Income Fund Price Performance
NMS opened at $12.01 on Friday. The stock’s 50-day moving average price is $12.32 and its 200 day moving average price is $12.69. Nuveen Minnesota Quality Municipal Income Fund has a 12-month low of $10.62 and a 12-month high of $13.76.
About Nuveen Minnesota Quality Municipal Income Fund
Nuveen Minnesota 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 the United States. The fund primarily invests in investment grade municipal securities that are exempt from regular federal and Minnesota personal income taxes.
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