Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) Declares $0.07 Monthly Dividend

Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.0725 per share by the investment management company on Tuesday, April 1st. This represents a $0.87 annualized dividend and a dividend yield of 6.81%. The ex-dividend date of this dividend is Friday, March 14th.

Nuveen Arizona Quality Municipal Income Fund has increased its dividend payment by an average of 7.4% annually over the last three years.

Nuveen Arizona Quality Municipal Income Fund Stock Down 5.0 %

NYSE:NAZ traded down $0.67 during trading hours on Tuesday, reaching $12.77. 109,252 shares of the company traded hands, compared to its average volume of 24,679. Nuveen Arizona Quality Municipal Income Fund has a 1 year low of $10.52 and a 1 year high of $13.55. The business’s 50-day moving average price is $12.16 and its two-hundred day moving average price is $11.97.

About Nuveen Arizona Quality Municipal Income Fund

Nuveen Arizona Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is managed by Nuveen Asset Management, LLC. It invests in the fixed income markets of Arizona. The fund invests in municipal securities and other related investments the income, exempt from regular federal and Arizona income taxes that are rated Baa or BBB or better and having an average maturity of 18.66 years.