Nuveen California Quality Municipal Income Fund (NYSE:NAC) Plans Monthly Dividend of $0.07

by · The Cerbat Gem

Nuveen California Quality Municipal Income Fund (NYSE:NAC – Get Free Report) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Thursday, October 15th will be given a dividend of $0.0695 per share on Monday, November 2nd. This represents a $0.83 dividend on an annualized basis and a yield of 7.9%. The ex-dividend date of this dividend is Thursday, October 15th.

Nuveen California Quality Municipal Income Fund Trading Up 2.6%

Nuveen California Quality Municipal Income Fund stock opened at $10.52 on Friday. The firm has a 50 day simple moving average of $11.34 and a 200-day simple moving average of $11.69. Nuveen California Quality Municipal Income Fund has a 12-month low of $10.19 and a 12-month high of $12.25.

Nuveen California Quality Municipal Income Fund Company Profile

(Get Free Report)

Nuveen California Quality Municipal Income Fund (NYSE: NAC) is a closed-end management investment company designed to provide current income that is exempt from regular federal income taxes and California state income taxes. The fund is part of Nuveen’s range of municipal bond investment products.

The fund invests primarily in investment-grade municipal obligations issued by states, municipalities and other governmental entities in California. Its portfolio may include bonds that finance public infrastructure and essential services, such as schools, transportation systems, utilities, health care facilities and other community projects.

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