Nuveen Minnesota Quality Municipal Income Fund (NMS) to Issue Monthly Dividend of $0.07 on August 1st

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Investors of record on Monday, July 15th will be given a dividend of 0.0735 per share on Thursday, August 1st. This represents a $0.88 annualized dividend and a dividend yield of 7.78%. The ex-dividend date of this dividend is Monday, July 15th. This is a positive change from Nuveen Minnesota Quality Municipal Income Fund’s previous monthly dividend of $0.07.

Nuveen Minnesota Quality Municipal Income Fund has decreased its dividend payment by an average of 8.8% annually over the last three years.

Nuveen Minnesota Quality Municipal Income Fund Stock Up 0.5 %

NMS stock opened at $11.34 on Wednesday. Nuveen Minnesota Quality Municipal Income Fund has a 1 year low of $9.21 and a 1 year high of $11.47. The company has a fifty day simple moving average of $11.04 and a 200 day simple moving average of $11.08.

Nuveen Minnesota Quality Municipal Income Fund Company Profile

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.