Nuveen California Quality Municipal Income Fund (NYSE:NAC) Shareholders Set to Receive $0.07 Monthly Dividend

Nuveen California Quality Municipal Income Fund (NYSE:NAC) declared a monthly dividend on Monday, November 2nd. Stockholders of record on Friday, November 13th will be paid a dividend of $0.0695 per share on Tuesday, December 1st. This represents a $0.83 annualized dividend and a dividend yield of 8.1%. The ex-dividend date is Friday, November 13th.

Nuveen California Quality Municipal Income Fund Stock Performance

Nuveen California Quality Municipal Income Fund stock opened at $10.26 on Tuesday. The stock’s fifty day moving average price is $10.59 and its two-hundred day moving average price is $11.56. Nuveen California Quality Municipal Income Fund has a one year low of $9.80 and a one year high of $12.25.

Nuveen California Quality Municipal Income Fund Company Profile

Nuveen California Quality Municipal Income Fund (NYSE: NAC) is a closed-end management investment company designed to provide current income that is generally exempt from regular federal and California state income taxes. The fund invests primarily in municipal securities issued by or on behalf of California state and local governments, public authorities, and other governmental entities.

Its portfolio may include a range of investment-grade and below-investment-grade municipal bonds, including general obligation bonds, revenue bonds, and other tax-exempt obligations.