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

Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP) announced a monthly dividend on Thursday, August 1st, NASDAQ reports. Investors of record on Thursday, August 15th will be given a dividend of 0.078 per share by the financial services provider on Tuesday, September 3rd. This represents a $0.94 annualized dividend and a yield of 7.52%. The ex-dividend date is Thursday, August 15th.

Nuveen Pennsylvania Quality Municipal Income Fund has decreased its dividend payment by an average of 17.6% annually over the last three years.

Nuveen Pennsylvania Quality Municipal Income Fund Trading Down 0.1 %

NYSE NQP traded down $0.01 on Wednesday, hitting $12.44. The company’s stock had a trading volume of 29,858 shares, compared to its average volume of 48,216. The company’s 50-day moving average is $12.26 and its 200 day moving average is $11.89. Nuveen Pennsylvania Quality Municipal Income Fund has a 1-year low of $9.65 and a 1-year high of $12.66.

About Nuveen Pennsylvania Quality Municipal Income Fund

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.