Nuveen Municipal Income Fund, Inc. (NMI) To Go Ex-Dividend on August 14th

Nuveen Municipal Income Fund, Inc. (NYSE:NMI) declared a monthly dividend on Monday, August 3rd. Shareholders of record on Friday, August 14th will be given a dividend of 0.038 per share on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date is Friday, August 14th.

Nuveen Municipal Income Fund Trading Down 0.4%

Nuveen Municipal Income Fund stock opened at $10.69 on Wednesday. Nuveen Municipal Income Fund has a twelve month low of $9.62 and a twelve month high of $11.28. The firm’s 50 day moving average price is $10.87 and its two-hundred day moving average price is $10.45.

Nuveen Municipal Income Fund Company Profile

Nuveen Municipal Income Fund (NYSE: NMI) is a closed-end management investment company that seeks to provide current income exempt from federal income tax. The fund primarily invests in municipal obligations issued by U.S. states, territories and municipalities, as well as certain municipal securities issued outside the United States. By focusing on a diversified portfolio of investment-grade and select below-investment-grade municipal bonds, NMI aims to deliver tax-advantaged income to its shareholders.

The fund’s portfolio typically includes general obligation bonds, revenue bonds and other municipal securities across a broad range of sectors, including transportation, utilities, health care and education.