Nuveen New Jersey Quality Municipal Income Fund (NXJ) to Issue Monthly Dividend of $0.08 on March 3rd

Nuveen New Jersey Quality Municipal Income Fund (NYSE:NXJGet Free Report) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.0785 per share on Monday, March 3rd. This represents a $0.94 dividend on an annualized basis and a dividend yield of 7.71%. The ex-dividend date of this dividend is Friday, February 14th.

Nuveen New Jersey Quality Municipal Income Fund Stock Performance

NYSE:NXJ opened at $12.21 on Wednesday. The firm’s fifty day simple moving average is $12.16 and its 200 day simple moving average is $12.50. Nuveen New Jersey Quality Municipal Income Fund has a twelve month low of $11.45 and a twelve month high of $13.13.

Insider Buying and Selling at Nuveen New Jersey Quality Municipal Income Fund

In related news, major shareholder Saba Capital Management, L.P. sold 27,324 shares of the business’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $12.26, for a total value of $334,992.24. Following the transaction, the insider now owns 5,771,659 shares in the company, valued at approximately $70,760,539.34. The trade was a 0.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders have sold 715,415 shares of company stock valued at $8,789,866 over the last three months.

Nuveen New Jersey Quality Municipal Income Fund Company Profile

(Get Free Report)

Nuveen New Jersey 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 New Jersey. The fund invests in undervalued municipal securities and other related investments that are, exempt from regular federal and New Jersey income taxes that are rated Baa or BBB or better.

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Dividend History for Nuveen New Jersey Quality Municipal Income Fund (NYSE:NXJ)

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