Nuveen Minnesota Quality Municipal Income Fund (NMS) to Issue Monthly Dividend of $0.06 on August 3rd

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMSGet Free Report) announced a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be given a dividend of 0.063 per share on Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend is Wednesday, July 15th.

Nuveen Minnesota Quality Municipal Income Fund Price Performance

Shares of Nuveen Minnesota Quality Municipal Income Fund stock opened at $12.21 on Friday. The firm has a fifty day moving average price of $12.20 and a 200 day moving average price of $12.06. Nuveen Minnesota Quality Municipal Income Fund has a 1 year low of $11.07 and a 1 year high of $12.49.

Institutional Trading of Nuveen Minnesota Quality Municipal Income Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Virtu Financial LLC purchased a new position in Nuveen Minnesota Quality Municipal Income Fund during the fourth quarter valued at approximately $133,000. Mariner LLC purchased a new stake in Nuveen Minnesota Quality Municipal Income Fund in the 4th quarter worth approximately $140,000. Artesa Financial Group LLC purchased a new stake in Nuveen Minnesota Quality Municipal Income Fund in the 4th quarter worth approximately $142,000. Osaic Holdings Inc. grew its stake in shares of Nuveen Minnesota Quality Municipal Income Fund by 20.3% during the 2nd quarter. Osaic Holdings Inc. now owns 12,797 shares of the company’s stock worth $146,000 after purchasing an additional 2,157 shares during the period. Finally, LPL Financial LLC acquired a new stake in shares of Nuveen Minnesota Quality Municipal Income Fund during the 4th quarter worth approximately $148,000.

About Nuveen Minnesota Quality Municipal Income Fund

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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.

Further Reading

Dividend History for Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS)

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