Nuveen AMT-Free Quality Municipal Income Fund Announces Monthly Dividend of $0.07 (NYSE:NEA)

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) announced a monthly dividend on Tuesday, September 1st. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.068 per share on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date of this dividend is Tuesday, September 15th.

Nuveen AMT-Free Quality Municipal Income Fund Price Performance

Shares of NYSE NEA traded down $0.01 during midday trading on Wednesday, hitting $11.06. 107,392 shares of the company traded hands, compared to its average volume of 841,529. Nuveen AMT-Free Quality Municipal Income Fund has a 12-month low of $10.76 and a 12-month high of $11.90. The stock has a 50-day moving average price of $11.41 and a 200 day moving average price of $11.48.

About Nuveen AMT-Free Quality Municipal Income Fund

Nuveen AMT-Free Quality Municipal Income Fund (NYSE: NEA) is a closed-end management investment company that seeks to provide high current income exempt from federal alternative minimum tax. The fund primarily invests in a diversified portfolio of investment-grade municipal bonds, focusing on securities that enjoy strong credit quality and are issued by states, municipalities and public authorities across the United States.

In constructing its portfolio, NEA emphasizes bonds that are rated investment grade by one or more major rating agencies, with an aim to balance income generation and risk management.