Nuveen Intermediate Duration Qlty Mun FD Announces Monthly Dividend of $0.03 (NIQ)

Nuveen Intermediate Duration Qlty Mun FD (NYSE:NIQ) announced a monthly dividend on Tuesday, July 3rd, Wall Street Journal reports. Stockholders of record on Friday, July 13th will be paid a dividend of 0.033 per share on Wednesday, August 1st. This represents a $0.40 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend is Thursday, July 12th.

Nuveen Intermediate Duration Qlty Mun FD has decreased its dividend payment by an average of 6.5% per year over the last three years.

Shares of Nuveen Intermediate Duration Qlty Mun FD traded down $0.01, hitting $12.53, during trading hours on Wednesday, MarketBeat reports. 6,700 shares of the company’s stock traded hands, compared to its average volume of 25,799. Nuveen Intermediate Duration Qlty Mun FD has a twelve month low of $12.22 and a twelve month high of $13.49.

Nuveen Intermediate Duration Qlty Mun FD Company Profile

Nuveen Intermediate Duration Quality Municipal Term Fund (the Fund) is a diversified, closed-end management investment company. The Fund seeks to achieve its investment objectives by investing in a diversified portfolio of primarily investment grade quality municipal securities (approximately 80% of managed assets), the income from which is exempt from regular federal income tax.

Dividend History for Nuveen Intermediate Duration Qlty Mun FD (NYSE:NIQ)

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