Nuveen Taxable Municipal Income Fund (NYSE:NBB – Get Free Report) announced a dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.0965 per share on Monday, March 3rd. The ex-dividend date of this dividend is Friday, February 14th.
Nuveen Taxable Municipal Income Fund has decreased its dividend payment by an average of 6.0% per year over the last three years.
Nuveen Taxable Municipal Income Fund Stock Up 0.7 %
Shares of NYSE:NBB traded up $0.11 during midday trading on Tuesday, reaching $15.97. The company’s stock had a trading volume of 74,722 shares, compared to its average volume of 77,519. Nuveen Taxable Municipal Income Fund has a fifty-two week low of $14.52 and a fifty-two week high of $17.31. The firm has a 50 day moving average price of $15.66 and a two-hundred day moving average price of $16.10.
About Nuveen Taxable Municipal Income Fund
Nuveen Taxable 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 also invests some portion of its portfolio in derivative instruments.
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