Nuveen Pennsylvania Quality Municipal Income Fund Plans Monthly Dividend of $0.08 (NYSE:NQP)

Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be paid a dividend of 0.078 per share by the financial services provider on Tuesday, April 1st. This represents a $0.94 annualized dividend and a dividend yield of 8.13%. The ex-dividend date of this dividend is Friday, March 14th.

Nuveen Pennsylvania Quality Municipal Income Fund has raised its dividend payment by an average of 5.9% per year over the last three years.

Nuveen Pennsylvania Quality Municipal Income Fund Stock Down 0.3 %

Shares of Nuveen Pennsylvania Quality Municipal Income Fund stock opened at $11.51 on Wednesday. Nuveen Pennsylvania Quality Municipal Income Fund has a 12-month low of $11.05 and a 12-month high of $12.89. The company has a 50-day moving average of $11.49 and a two-hundred day moving average of $11.89.

Insider Buying and Selling at Nuveen Pennsylvania Quality Municipal Income Fund

In other news, major shareholder Saba Capital Management, L.P. bought 34,334 shares of the business’s stock in a transaction that occurred on Tuesday, December 31st. The stock was purchased at an average price of $11.16 per share, with a total value of $383,167.44. Following the purchase, the insider now owns 5,058,973 shares of the company’s stock, valued at $56,458,138.68. This trade represents a 0.68 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. 1.00% of the stock is owned by corporate insiders.

Nuveen Pennsylvania Quality Municipal Income Fund Company Profile

Nuveen Pennsylvania 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 Pennsylvania. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.