Nuveen AMT-Free Quality Municipal Income Fund (NEA) to Issue Monthly Dividend of $0.07 on December 2nd

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be given a dividend of 0.073 per share on Monday, December 2nd. This represents a $0.88 dividend on an annualized basis and a yield of 7.60%. The ex-dividend date of this dividend is Friday, November 15th.

Nuveen AMT-Free Quality Municipal Income Fund has decreased its dividend by an average of 13.5% annually over the last three years.

Nuveen AMT-Free Quality Municipal Income Fund Trading Up 0.3 %

NEA stock traded up $0.03 during midday trading on Wednesday, reaching $11.52. 524,879 shares of the company’s stock traded hands, compared to its average volume of 896,119. Nuveen AMT-Free Quality Municipal Income Fund has a fifty-two week low of $10.22 and a fifty-two week high of $12.06. The business has a 50-day moving average price of $11.75 and a two-hundred day moving average price of $11.45.

Nuveen AMT-Free Quality Municipal Income Fund Company Profile

Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax.