Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) Shares to Pay Monthly Dividend of $0.06

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) declared a monthly dividend on Monday, November 2nd. Investors of record on Friday, November 13th will be given a dividend of $0.0630 per share on Tuesday, December 1st. This represents a $0.76 annualized dividend and a dividend yield of 7.2%. The ex-dividend date of this dividend is Friday, November 13th.

Nuveen Minnesota Quality Municipal Income Fund Stock Performance

Shares of NMS opened at $10.49 on Tuesday. Nuveen Minnesota Quality Municipal Income Fund has a 1-year low of $9.48 and a 1-year high of $12.50. The company’s fifty day simple moving average is $10.28 and its 200 day simple moving average is $11.60.

Nuveen Minnesota Quality Municipal Income Fund Company Profile

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) is a closed-end management investment company that seeks to provide current income exempt from regular federal and Minnesota state income taxes. The fund invests primarily in municipal bonds and other tax-exempt securities issued by the state of Minnesota, its municipalities, counties, school districts and other governmental entities.

The fund’s portfolio may include investment-grade municipal securities and other public-purpose debt used to finance infrastructure and essential services, such as education, transportation, utilities and health care.