Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) Plans $0.07 Monthly Dividend
by Mitch Edgeman · The Markets DailyNuveen Arizona Quality Municipal Income Fund (NYSE:NAZ – Get Free Report) declared a monthly dividend on Wednesday, April 1st. Shareholders of record on Wednesday, April 15th will be given a dividend of 0.0655 per share by the investment management company on Friday, May 1st. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date is Wednesday, April 15th.
Nuveen Arizona Quality Municipal Income Fund Trading Down 0.2%
Nuveen Arizona Quality Municipal Income Fund stock traded down $0.03 during trading hours on Monday, hitting $12.42. The stock had a trading volume of 4,143 shares, compared to its average volume of 30,124. The company has a 50-day moving average of $12.19 and a two-hundred day moving average of $12.03. Nuveen Arizona Quality Municipal Income Fund has a fifty-two week low of $11.40 and a fifty-two week high of $12.69.
Nuveen Arizona Quality Municipal Income Fund Company Profile
Nuveen Arizona Quality Municipal Income Fund (NYSE: NAZ) is a closed-end management investment company that seeks to provide shareholders with a high level of current income that is exempt from regular U.S. federal income tax. Managed by Nuveen Asset Management, the fund focuses on investment-grade municipal obligations issued by or on behalf of entities located in the state of Arizona. Its portfolio typically includes general obligation bonds, revenue bonds and essential-purpose municipal securities backed by state and local governments and quasi-governmental agencies.
The fund employs fundamental credit analysis to select bonds that meet rigorous quality standards, aiming to preserve principal while generating tax-advantaged income.