Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) to Issue $0.07 Monthly Dividend

Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.072 per share by the financial services provider on Monday, February 3rd. This represents a $0.86 annualized dividend and a dividend yield of 6.81%. The ex-dividend date of this dividend is Wednesday, January 15th.

Nuveen Virginia Quality Municipal Income Fund has raised its dividend by an average of 7.0% annually over the last three years.

Nuveen Virginia Quality Municipal Income Fund Price Performance

Shares of NPV stock opened at $12.69 on Monday. Nuveen Virginia Quality Municipal Income Fund has a 12-month low of $10.47 and a 12-month high of $13.72. The firm has a 50-day moving average price of $13.09 and a 200 day moving average price of $12.51.

Nuveen Virginia Quality Municipal Income Fund Company Profile

Nuveen Virginia Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of Virginia. The fund invests primarily in municipal securities rated Baa/BBB or better.