Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) to Issue $0.07 Monthly Dividend

Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.0725 per share by the investment management company on Monday, December 2nd. This represents a $0.87 dividend on an annualized basis and a dividend yield of 7.17%. The ex-dividend date is Friday, November 15th.

Nuveen Arizona Quality Municipal Income Fund has decreased its dividend payment by an average of 11.4% annually over the last three years.

Nuveen Arizona Quality Municipal Income Fund Stock Performance

NYSE NAZ traded up $0.02 during mid-day trading on Wednesday, hitting $12.14. The stock had a trading volume of 7,407 shares, compared to its average volume of 25,380. The company has a 50 day simple moving average of $11.78 and a 200 day simple moving average of $11.43. Nuveen Arizona Quality Municipal Income Fund has a 52-week low of $9.88 and a 52-week high of $13.33.

About Nuveen Arizona Quality Municipal Income Fund

Nuveen Arizona Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is managed by Nuveen Asset Management, LLC. It invests in the fixed income markets of Arizona. The fund invests in municipal securities and other related investments the income, exempt from regular federal and Arizona income taxes that are rated Baa or BBB or better and having an average maturity of 18.66 years.