Nuveen Intermediate Duration Qlty Mun FD Plans Monthly Dividend of $0.03 (NIQ)
Nuveen Intermediate Duration Qlty Mun FD (NYSE:NIQ) declared a monthly dividend on Monday, December 3rd, NASDAQ reports. Shareholders of record on Friday, December 14th will be paid a dividend of 0.03 per share on Monday, December 31st. This represents a $0.36 dividend on an annualized basis and a yield of 2.90%. The ex-dividend date is Thursday, December 13th.
Nuveen Intermediate Duration Qlty Mun FD has decreased its dividend by an average of 6.5% per year over the last three years.
NYSE NIQ traded up $0.04 during trading on Friday, reaching $12.43. The company’s stock had a trading volume of 29,368 shares, compared to its average volume of 27,636. Nuveen Intermediate Duration Qlty Mun FD has a one year low of $11.81 and a one year high of $13.22.
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Nuveen Intermediate Duration Quality Municipal Term Fund is a close 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 into public fixed income markets of the United States. The fund seeks to invest in stocks of companies that are operating across diversified sectors.
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