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

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.0735 per share on Tuesday, April 1st. This represents a $0.88 annualized dividend and a dividend yield of 7.09%. The ex-dividend date is Friday, March 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 Trading Down 0.2 %

Shares of NMS opened at $12.44 on Wednesday. Nuveen Minnesota Quality Municipal Income Fund has a 52-week low of $10.62 and a 52-week high of $13.76. The company has a 50-day simple moving average of $12.36 and a 200-day simple moving average of $12.80.

Nuveen Minnesota Quality Municipal Income Fund Company Profile

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.