Nuveen Municipal Income Fund Inc. (NMI) To Go Ex-Dividend on July 14th
Nuveen Municipal Income Fund Inc. (NYSE:NMI) declared a monthly dividend on Monday, July 6th, Wall Street Journal reports. Investors of record on Wednesday, July 15th will be given a dividend of 0.033 per share on Monday, August 3rd. This represents a $0.40 dividend on an annualized basis and a yield of 3.59%. The ex-dividend date of this dividend is Tuesday, July 14th.
Nuveen Municipal Income Fund has decreased its dividend payment by an average of 37.5% annually over the last three years.
Nuveen Municipal Income Fund stock opened at $11.03 on Friday. Nuveen Municipal Income Fund has a 1-year low of $8.98 and a 1-year high of $12.10. The company has a fifty day simple moving average of $10.59 and a 200 day simple moving average of $10.91.
Nuveen Municipal Income Fund, Inc is a closed ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in municipal obligations issued by state and local government authorities.
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