Nuveen Arizona Quality Municipal Income Fund (NAZ) to Issue Monthly Dividend of $0.07 on May 1st

Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) declared a monthly dividend on Wednesday, April 1st. Investors of record on Wednesday, April 15th will be paid a dividend of 0.0655 per share by the investment management company on Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Wednesday, April 15th.

Nuveen Arizona Quality Municipal Income Fund Trading Down 0.2%

Shares of NAZ stock traded down $0.03 during trading on Monday, reaching $12.42. The company’s stock had a trading volume of 4,143 shares, compared to its average volume of 30,127. The stock’s 50-day moving average price is $12.19 and its 200 day moving average price is $12.03. Nuveen Arizona Quality Municipal Income Fund has a 1-year low of $11.40 and a 1-year high of $12.69.

Nuveen Arizona Quality Municipal Income Fund Company Profile

Nuveen Arizona Quality Municipal Income Fund (NYSE: NAZ) is a closed-end management investment company that seeks to provide shareholders with a high level of current income that is exempt from regular U.S. federal income tax. Managed by Nuveen Asset Management, the fund focuses on investment-grade municipal obligations issued by or on behalf of entities located in the state of Arizona. Its portfolio typically includes general obligation bonds, revenue bonds and essential-purpose municipal securities backed by state and local governments and quasi-governmental agencies.

The fund employs fundamental credit analysis to select bonds that meet rigorous quality standards, aiming to preserve principal while generating tax-advantaged income.