Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) Declares $0.07 Monthly Dividend

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.073 per share on Monday, December 2nd. This represents a $0.88 annualized dividend and a dividend yield of 7.58%. The ex-dividend date of this dividend is Friday, November 15th.

Nuveen AMT-Free Quality Municipal Income Fund has decreased its dividend by an average of 13.5% annually over the last three years.

Nuveen AMT-Free Quality Municipal Income Fund Trading Up 0.5 %

NYSE NEA traded up $0.06 during trading hours on Wednesday, hitting $11.55. 263,669 shares of the company were exchanged, compared to its average volume of 894,931. The stock has a 50-day moving average price of $11.75 and a 200 day moving average price of $11.45. Nuveen AMT-Free Quality Municipal Income Fund has a 52 week low of $10.22 and a 52 week high of $12.06.

Nuveen AMT-Free Quality Municipal Income Fund Company Profile

Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax.