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

Nuveen California Quality Municipal Income Fund (NYSE:NAC) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be given a dividend of 0.0735 per share on Monday, March 3rd. This represents a $0.88 annualized dividend and a dividend yield of 7.70%. The ex-dividend date is Friday, February 14th.

Nuveen California Quality Municipal Income Fund has increased its dividend payment by an average of 4.6% per year over the last three years.

Nuveen California Quality Municipal Income Fund Price Performance

Shares of Nuveen California Quality Municipal Income Fund stock opened at $11.46 on Wednesday. Nuveen California Quality Municipal Income Fund has a 12 month low of $10.60 and a 12 month high of $12.03. The business has a fifty day simple moving average of $11.38 and a two-hundred day simple moving average of $11.58.

About Nuveen California Quality Municipal Income Fund

Nuveen California Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of California, United States. The fund invests in undervalued municipal securities and other related investments that are exempt from regular federal and California income taxes.