Nuveen Minnesota Quality Municipal Income Fund (NMS) to Issue Monthly Dividend of $0.07 on May 1st

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMSGet Free Report) declared a monthly dividend on Wednesday, April 1st. Investors of record on Wednesday, April 15th will be given a dividend of 0.0665 per share on Friday, May 1st. This represents a c) annualized dividend and a yield of 6.6%. The ex-dividend date is Wednesday, April 15th.

Nuveen Minnesota Quality Municipal Income Fund Price Performance

Shares of NMS traded down $0.01 during midday trading on Monday, reaching $12.18. The stock had a trading volume of 767 shares, compared to its average volume of 16,349. The company’s 50-day moving average is $12.08 and its 200 day moving average is $11.95. Nuveen Minnesota Quality Municipal Income Fund has a 12-month low of $11.07 and a 12-month high of $12.25.

Nuveen Minnesota Quality Municipal Income Fund Company Profile

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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.

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Dividend History for Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS)

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