Nuveen New Jersey Quality Municipal Income Fund (NYSE:NXJ) Declares Monthly Dividend of $0.08
by Jessica Moore · The Cerbat GemNuveen New Jersey Quality Municipal Income Fund (NYSE:NXJ – Get Free Report) announced a monthly dividend on Wednesday, April 1st. Investors of record on Wednesday, April 15th will be paid a dividend of 0.0785 per share on Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend is Wednesday, April 15th.
Nuveen New Jersey Quality Municipal Income Fund Stock Down 0.2%
NXJ stock traded down $0.03 during trading on Monday, reaching $12.43. 34,786 shares of the stock were exchanged, compared to its average volume of 111,111. The firm’s 50 day moving average is $12.39 and its 200 day moving average is $12.53. Nuveen New Jersey Quality Municipal Income Fund has a twelve month low of $11.06 and a twelve month high of $12.90.
Nuveen New Jersey Quality Municipal Income Fund Company Profile
Nuveen New Jersey Quality Municipal Income Fund (NYSE: NXJ) is a closed-end management investment company sponsored by Nuveen, a subsidiary of TIAA Global Asset Management. Established to serve investors seeking tax-advantaged income, the fund is listed on the New York Stock Exchange and is managed by Nuveen’s municipal fixed-income team. It draws on Nuveen’s longstanding expertise in the municipal bond market to construct a portfolio aligned with its stated objectives.
The fund’s primary objective is to provide a high level of current income exempt from federal and New Jersey personal income taxes.