Nuveen Intermediate Duration Quality Municipal Term Fund (NIQ) to Issue Monthly Dividend of $0.04 on December 29th

Nuveen Intermediate Duration Quality Municipal Term Fund (NYSE:NIQ) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Investors of record on Friday, December 15th will be given a dividend of 0.037 per share on Friday, December 29th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.38%. The ex-dividend date is Thursday, December 14th.

Nuveen Intermediate Duration Quality Municipal Term Fund has raised its dividend payment by an average of 7.8% per year over the last three years.

Nuveen Intermediate Duration Quality Municipal Term Fund (NYSE NIQ) traded down $0.05 on Friday, hitting $13.12. 33,148 shares of the company were exchanged, compared to its average volume of 25,870. Nuveen Intermediate Duration Quality Municipal Term Fund has a 52 week low of $12.20 and a 52 week high of $13.49.

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About Nuveen Intermediate Duration Quality Municipal Term Fund

Nuveen Intermediate Duration Quality Municipal Term Fund (the Fund) is a diversified, closed-end management investment company. The Fund seeks to achieve its investment objectives by investing in a diversified portfolio of primarily investment grade quality municipal securities (approximately 80% of managed assets), the income from which is exempt from regular federal income tax.

Dividend History for Nuveen Intermediate Duration Quality Municipal Term Fund (NYSE:NIQ)

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