Nuveen Municipal Income Fund, Inc. (NYSE:NMI – Get Free Report) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be given a dividend of 0.038 per share on Tuesday, April 1st. This represents a $0.46 annualized dividend and a dividend yield of 4.66%. The ex-dividend date of this dividend is Friday, March 14th.
Nuveen Municipal Income Fund has raised its dividend by an average of 6.6% annually over the last three years.
Nuveen Municipal Income Fund Stock Down 1.8 %
Nuveen Municipal Income Fund stock traded down $0.18 during midday trading on Tuesday, hitting $9.78. 20,839 shares of the company’s stock were exchanged, compared to its average volume of 23,374. The firm has a 50-day moving average of $9.70 and a two-hundred day moving average of $9.80. Nuveen Municipal Income Fund has a 12 month low of $9.11 and a 12 month high of $10.30.
Nuveen Municipal Income Fund Company Profile
Nuveen Municipal Income Fund, Inc 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 municipal obligations issued by state and local government authorities.
Further Reading
- Five stocks we like better than Nuveen Municipal Income Fund
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- GitLab: Get In While It’s Down—Big Rebound Ahead
- Growth Stocks: What They Are, Examples and How to Invest
- Tesla Stock: Finding a Bottom May Take Time
- What Are Dividend Contenders? Investing in Dividend Contenders
- Duolingo: This Beaten-Down Stock Is About to Rally 38%
Receive News & Ratings for Nuveen Municipal Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Municipal Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
