Nuveen California Quality Municipal Income Fund (NYSE:NAC) Declares Monthly Dividend of $0.07

Nuveen California Quality Municipal Income Fund (NYSE:NAC) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.0735 per share on Monday, December 2nd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 7.70%. The ex-dividend date is Friday, November 15th. This is a positive change from Nuveen California Quality Municipal Income Fund’s previous monthly dividend of $0.07.

Nuveen California Quality Municipal Income Fund has decreased its dividend payment by an average of 10.9% per year over the last three years.

Nuveen California Quality Municipal Income Fund Stock Performance

NYSE:NAC traded up $0.05 on Wednesday, reaching $11.46. 394,590 shares of the stock traded hands, compared to its average volume of 411,424. Nuveen California Quality Municipal Income Fund has a 1-year low of $10.13 and a 1-year high of $12.03. The company’s 50 day moving average is $11.74 and its 200-day moving average is $11.53.

Nuveen California Quality Municipal Income Fund Company Profile

Nuveen California Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of California, United States. The fund invests in undervalued municipal securities and other related investments that are exempt from regular federal and California income taxes.