Nuveen Quality Municipal Income Fund (NAD) To Go Ex-Dividend on January 15th

Nuveen Quality Municipal Income Fund (NYSE:NAD) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Thursday, January 15th will be paid a dividend of 0.0705 per share by the financial services provider on Monday, February 2nd. This represents a c) annualized dividend and a yield of 6.9%. The ex-dividend date is Thursday, January 15th.

Nuveen Quality Municipal Income Fund Stock Up 0.2%

Shares of Nuveen Quality Municipal Income Fund stock opened at $12.21 on Tuesday. The company has a 50-day moving average of $12.03 and a two-hundred day moving average of $11.68. Nuveen Quality Municipal Income Fund has a 12-month low of $10.40 and a 12-month high of $12.28.

About Nuveen Quality Municipal Income Fund

Nuveen Quality Municipal Income Fund (NYSE:NAD) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal income taxes. The fund primarily invests in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds, issued by state and local governments across the United States. By focusing on high-quality issuers, the fund aims to balance income generation with prudent risk management.

Launched in July 2022, NAD is managed by Nuveen Asset Management, a subsidiary of TIAA with decades of experience in municipal bond investing.