Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) Plans Monthly Dividend of $0.06

Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) announced a monthly dividend on Wednesday, July 1st. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.062 per share by the investment management company on Monday, August 3rd. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend is Wednesday, July 15th.

Nuveen Arizona Quality Municipal Income Fund Stock Up 1.1%

NAZ stock opened at $12.63 on Thursday. Nuveen Arizona Quality Municipal Income Fund has a 12 month low of $11.50 and a 12 month high of $13.42. The firm’s fifty day simple moving average is $12.74 and its 200-day simple moving average is $12.35.

About Nuveen Arizona Quality Municipal Income Fund

Nuveen Arizona Quality Municipal Income Fund (NYSE: NAZ) is a closed-end management investment company that seeks to provide shareholders with a high level of current income that is exempt from regular U.S. federal income tax. Managed by Nuveen Asset Management, the fund focuses on investment-grade municipal obligations issued by or on behalf of entities located in the state of Arizona. Its portfolio typically includes general obligation bonds, revenue bonds and essential-purpose municipal securities backed by state and local governments and quasi-governmental agencies.

The fund employs fundamental credit analysis to select bonds that meet rigorous quality standards, aiming to preserve principal while generating tax-advantaged income.