Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) to Issue $0.07 Monthly Dividend

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.0735 per share on Monday, March 3rd. This represents a $0.88 dividend on an annualized basis and a yield of 7.10%. The ex-dividend date is Friday, February 14th.

Nuveen Minnesota Quality Municipal Income Fund has increased its dividend payment by an average of 7.3% annually over the last three years.

Nuveen Minnesota Quality Municipal Income Fund Stock Performance

NMS traded up $0.04 during midday trading on Tuesday, reaching $12.43. The company had a trading volume of 27,690 shares, compared to its average volume of 13,190. The business has a 50-day moving average of $12.59 and a two-hundred day moving average of $12.75. Nuveen Minnesota Quality Municipal Income Fund has a 1 year low of $10.62 and a 1 year high of $13.76.

About Nuveen Minnesota Quality Municipal Income Fund

Nuveen Minnesota 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 the United States. The fund primarily invests in investment grade municipal securities that are exempt from regular federal and Minnesota personal income taxes.