Nuveen AMT-Free Quality Municipal Income Fund (NEA) To Go Ex-Dividend on January 15th

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.073 per share on Monday, February 3rd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 7.65%. The ex-dividend date of this dividend is Wednesday, January 15th.

Nuveen AMT-Free Quality Municipal Income Fund has decreased its dividend payment by an average of 13.5% annually over the last three years.

Nuveen AMT-Free Quality Municipal Income Fund Trading Up 0.7 %

NYSE NEA opened at $11.45 on Friday. The company’s 50 day simple moving average is $11.53 and its two-hundred day simple moving average is $11.60. Nuveen AMT-Free Quality Municipal Income Fund has a 1 year low of $10.53 and a 1 year high of $12.06.

About Nuveen AMT-Free Quality Municipal Income Fund

Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax.