Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) to Issue $0.07 Monthly Dividend

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.0735 per share on Tuesday, December 31st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 6.77%. The ex-dividend date of this dividend is Friday, December 13th.

Nuveen Minnesota Quality Municipal Income Fund has decreased its dividend payment by an average of 8.8% annually over the last three years.

Nuveen Minnesota Quality Municipal Income Fund Stock Performance

Shares of NMS opened at $13.03 on Wednesday. The business has a 50-day moving average of $13.14 and a 200-day moving average of $12.44. Nuveen Minnesota Quality Municipal Income Fund has a 1 year low of $10.62 and a 1 year high of $13.76.

About Nuveen Minnesota Quality Municipal Income Fund

Nuveen Minnesota 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 the United States. The fund primarily invests in investment grade municipal securities that are exempt from regular federal and Minnesota personal income taxes.