Nuveen California Quality Municipal Income Fund (NYSE:NAC – Get Free Report) announced 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 annualized dividend and a yield of 7.70%. The ex-dividend date of this dividend is Friday, February 14th.
Nuveen California Quality Municipal Income Fund has increased its dividend by an average of 4.6% per year over the last three years.
Nuveen California Quality Municipal Income Fund Stock Up 0.7 %
Shares of NAC traded up $0.08 during trading hours on Tuesday, hitting $11.46. The company had a trading volume of 539,859 shares, compared to its average volume of 445,712. Nuveen California Quality Municipal Income Fund has a 52-week low of $10.60 and a 52-week high of $12.03. The stock’s 50 day moving average price is $11.38 and its 200 day moving average price is $11.58.
About Nuveen California Quality Municipal Income Fund
Nuveen California 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 California, United States. The fund invests in undervalued municipal securities and other related investments that are exempt from regular federal and California income taxes.
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