Nuveen Minnesota Quality Municipal Income Fund Plans Monthly Dividend of $0.06 (NYSE:NMS)

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) declared a monthly dividend on Tuesday, September 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.063 per share on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 7.1%. The ex-dividend date of this dividend is Tuesday, September 15th.

Nuveen Minnesota Quality Municipal Income Fund Trading Up 0.8%

Shares of NYSE:NMS opened at $10.68 on Wednesday. Nuveen Minnesota Quality Municipal Income Fund has a twelve month low of $10.58 and a twelve month high of $12.50. The company has a 50-day moving average price of $11.74 and a two-hundred day moving average price of $12.00.

Nuveen Minnesota Quality Municipal Income Fund Company Profile

Nuveen Minnesota Quality Municipal Income Fund (NYSE: NMS) is a closed-end investment company managed by Nuveen, a global asset manager specializing in fixed income and tax-advantaged strategies. The fund’s primary objective is to provide current income exempt from federal and Minnesota state personal income taxes by investing predominantly in municipal securities issued by entities located in or serving the state of Minnesota.

The fund’s portfolio is concentrated in investment-grade general obligation and revenue bonds that finance public projects such as schools, transportation infrastructure, and utilities throughout Minnesota.