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

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Thursday, January 15th will be given a dividend of 0.0665 per share on Monday, February 2nd. This represents a c) annualized dividend and a yield of 6.8%. The ex-dividend date of this dividend is Thursday, January 15th.

Nuveen Minnesota Quality Municipal Income Fund Stock Performance

Shares of NMS traded up $0.03 during trading hours on Tuesday, hitting $11.81. 1,992 shares of the company were exchanged, compared to its average volume of 15,387. The firm has a fifty day simple moving average of $11.90 and a 200-day simple moving average of $11.67. Nuveen Minnesota Quality Municipal Income Fund has a one year low of $11.07 and a one year high of $12.60.

About Nuveen Minnesota Quality Municipal Income Fund

Nuveen Minnesota Quality Municipal Income Fund (NYSE: NMS) is a closed-end investment company managed by Nuveen, a global asset manager specializing in fixed income and tax-advantaged strategies. The fund’s primary objective is to provide current income exempt from federal and Minnesota state personal income taxes by investing predominantly in municipal securities issued by entities located in or serving the state of Minnesota.

The fund’s portfolio is concentrated in investment-grade general obligation and revenue bonds that finance public projects such as schools, transportation infrastructure, and utilities throughout Minnesota.