Nuveen AMT-Free Quality Municipal Income Fund (NEA) to Issue Monthly Dividend of $0.06 on May 3rd


Share on StockTwits

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) announced a monthly dividend on Tuesday, April 6th, Wall Street Journal reports. Investors of record on Thursday, April 15th will be paid a dividend of 0.0585 per share on Monday, May 3rd. This represents a $0.70 dividend on an annualized basis and a dividend yield of 4.70%. The ex-dividend date is Wednesday, April 14th. This is a positive change from Nuveen AMT-Free Quality Municipal Income Fund’s previous monthly dividend of $0.06.

Shares of Nuveen AMT-Free Quality Municipal Income Fund stock opened at $14.93 on Thursday. Nuveen AMT-Free Quality Municipal Income Fund has a 12 month low of $12.66 and a 12 month high of $15.18. The business has a fifty day simple moving average of $14.66 and a 200 day simple moving average of $14.69.

About Nuveen AMT-Free Quality Municipal Income Fund

Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax.

Featured Article: What does a hold rating mean?

Dividend History for Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA)

Receive News & Ratings for Nuveen AMT-Free Quality Municipal Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen AMT-Free Quality Municipal Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.