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

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) declared a monthly dividend on Wednesday, April 1st. Investors of record on Wednesday, April 15th will be paid a dividend of 0.0665 per share on Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Wednesday, April 15th.

Nuveen Minnesota Quality Municipal Income Fund Price Performance

Nuveen Minnesota Quality Municipal Income Fund stock traded down $0.03 during midday trading on Monday, reaching $12.15. The stock had a trading volume of 747 shares, compared to its average volume of 16,349. Nuveen Minnesota Quality Municipal Income Fund has a twelve month low of $11.07 and a twelve month high of $12.25. The stock’s 50-day simple moving average is $12.08 and its 200 day simple moving average is $11.95.

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.