Nuveen Municipal Income Fund, Inc. (NYSE:NMI – Get Free Report) declared a monthly dividend on Monday, November 2nd. Stockholders of record on Friday, November 13th will be given a dividend of $0.0380 per share on Tuesday, December 1st. This represents a $0.46 annualized dividend and a dividend yield of 4.8%. The ex-dividend date is Friday, November 13th.
Nuveen Municipal Income Fund Price Performance
Shares of NMI opened at $9.42 on Wednesday. Nuveen Municipal Income Fund has a one year low of $9.10 and a one year high of $11.28. The stock’s fifty day moving average is $9.67 and its 200-day moving average is $10.26.
Nuveen Municipal Income Fund Company Profile
Nuveen Municipal Income Fund (NYSE:NMI) is a closed-end management investment company designed to provide current income that is exempt from regular federal income tax. The fund invests primarily in municipal securities issued by states, cities, counties, and other governmental entities in the United States.
NMI’s portfolio may include tax-exempt bonds and other municipal debt instruments used to finance public projects and essential services, such as schools, transportation systems, utilities, healthcare facilities, and other infrastructure.
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