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

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.0735 per share on Monday, February 3rd. This represents a $0.88 annualized dividend and a dividend yield of 7.10%. The ex-dividend date of this dividend is Wednesday, January 15th.

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

Nuveen Minnesota Quality Municipal Income Fund Trading Up 0.9 %

Shares of Nuveen Minnesota Quality Municipal Income Fund stock opened at $12.42 on Friday. The firm’s 50-day moving average is $12.99 and its two-hundred day moving average is $12.60. 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.