Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) Announces $0.06 Monthly Dividend

by · The Cerbat Gem

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS – Get Free Report) declared a monthly dividend on Wednesday, July 1st. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.063 per share on Monday, August 3rd. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Wednesday, July 15th.

Nuveen Minnesota Quality Municipal Income Fund Trading Up 0.7%

NYSE NMS opened at $12.20 on Thursday. The business’s 50-day moving average price is $12.19 and its two-hundred day moving average price is $12.06. Nuveen Minnesota Quality Municipal Income Fund has a 12 month low of $11.07 and a 12 month high of $12.49.

Nuveen Minnesota Quality Municipal Income Fund Company Profile

(Get Free Report)

Nuveen Minnesota Quality Municipal Income Fund (NYSE: NMS) is a closed-end investment company managed by Nuveen, a global asset manager specializing in fixed income and tax-advantaged strategies. The fund’s primary objective is to provide current income exempt from federal and Minnesota state personal income taxes by investing predominantly in municipal securities issued by entities located in or serving the state of Minnesota.

The fund’s portfolio is concentrated in investment-grade general obligation and revenue bonds that finance public projects such as schools, transportation infrastructure, and utilities throughout Minnesota.

Recommended Stories