Nuveen Pennsylvania Quality Municipal Income Fund Plans Monthly Dividend of $0.08 (NYSE:NQP)

Posted by Stacy Sanders on Feb 5th, 2025

Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP – Get Free Report) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.078 per share by the financial services provider on Monday, March 3rd. This represents a $0.94 dividend on an annualized basis and a yield of 8.07%. The ex-dividend date is Friday, February 14th.

Nuveen Pennsylvania Quality Municipal Income Fund has increased its dividend by an average of 3.6% per year over the last three years.

Nuveen Pennsylvania Quality Municipal Income Fund Price Performance

Shares of NQP stock opened at $11.60 on Wednesday. Nuveen Pennsylvania Quality Municipal Income Fund has a fifty-two week low of $11.05 and a fifty-two week high of $12.89. The stock’s 50-day simple moving average is $11.51 and its 200-day simple moving average is $12.02.

Insider Buying and Selling

In other Nuveen Pennsylvania Quality Municipal Income Fund news, major shareholder Saba Capital Management, L.P. sold 72,769 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $11.84, for a total value of $861,584.96. Following the sale, the insider now directly owns 5,024,639 shares of the company’s stock, valued at approximately $59,491,725.76. This represents a 1.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.00% of the stock is owned by corporate insiders.

About Nuveen Pennsylvania Quality Municipal Income Fund

(Get Free Report)

Nuveen Pennsylvania 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 Pennsylvania. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.