Nuveen Minnesota Quality Municipal Income Fund to Issue Monthly Dividend of $0.07 (NYSE:NMS)

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.0735 per share on Thursday, May 1st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 7.32%. The ex-dividend date is Tuesday, April 15th.

Nuveen Minnesota Quality Municipal Income Fund has increased its dividend by an average of 7.3% annually over the last three years.

Nuveen Minnesota Quality Municipal Income Fund Stock Up 0.2 %

NYSE:NMS opened at $12.06 on Friday. Nuveen Minnesota Quality Municipal Income Fund has a fifty-two week low of $10.62 and a fifty-two week high of $13.76. The company has a 50 day moving average price of $12.33 and a 200 day moving average price of $12.70.

Nuveen Minnesota Quality Municipal Income Fund Company Profile

Nuveen Minnesota 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 the United States. The fund primarily invests in investment grade municipal securities that are exempt from regular federal and Minnesota personal income taxes.