Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) Plans Monthly Dividend of $0.07

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) announced a monthly dividend on Monday, March 2nd. Shareholders of record on Friday, March 13th will be paid a dividend of 0.0665 per share on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Friday, March 13th.

Nuveen Minnesota Quality Municipal Income Fund Stock Down 0.3%

Nuveen Minnesota Quality Municipal Income Fund stock traded down $0.04 during trading hours on Wednesday, hitting $12.10. 3,620 shares of the stock traded hands, compared to its average volume of 17,133. The firm’s 50 day moving average price is $11.95 and its 200-day moving average price is $11.85. Nuveen Minnesota Quality Municipal Income Fund has a 1 year low of $11.07 and a 1 year high of $12.50.

Nuveen Minnesota Quality Municipal Income Fund Company Profile

Nuveen Minnesota Quality Municipal Income Fund (NYSE: NMS) is a closed-end investment company managed by Nuveen, a global asset manager specializing in fixed income and tax-advantaged strategies. The fund’s primary objective is to provide current income exempt from federal and Minnesota state personal income taxes by investing predominantly in municipal securities issued by entities located in or serving the state of Minnesota.

The fund’s portfolio is concentrated in investment-grade general obligation and revenue bonds that finance public projects such as schools, transportation infrastructure, and utilities throughout Minnesota.