NUVEEN MICH QUA (NUM) To Go Ex-Dividend on September 14th
NUVEEN MICH QUA (NYSE:NUM) declared a monthly dividend on Tuesday, September 5th, Wall Street Journal reports. Shareholders of record on Friday, September 15th will be paid a dividend of 0.0535 per share by the investment management company on Monday, October 2nd. This represents a $0.64 annualized dividend and a dividend yield of 4.60%. The ex-dividend date of this dividend is Thursday, September 14th.
NUVEEN MICH QUA has decreased its dividend payment by an average of 3.8% per year over the last three years.
Shares of NUVEEN MICH QUA (NYSE NUM) traded down 0.129% on Wednesday, hitting $13.932. The company’s stock had a trading volume of 10,264 shares. NUVEEN MICH QUA has a 1-year low of $12.90 and a 1-year high of $14.96. The company has a 50 day moving average of $13.85 and a 200 day moving average of $13.62.
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About NUVEEN MICH QUA
Nuveen Michigan Quality Income Municipal Fund is a closed-end management investment company. The fund seeks current income exempt from federal and Michigan income tax, as well as the Michigan intangibles tax. The secondary objective is the enhancement of portfolio value. The fund invests at least 80% of its managed assets in securities rated, at the time of investment, investment grade (Baa/BBB, S&P, Moody’s, or Fitch).
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