Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Friday, January 12th will be paid a dividend of 0.058 per share on Thursday, February 1st. This represents a $0.70 dividend on an annualized basis and a yield of 5.03%. The ex-dividend date is Thursday, January 11th.
Nuveen Amt-Free Quality Municpl Incm Fnd has decreased its dividend payment by an average of 4.0% per year over the last three years.
Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE NEA) opened at $13.84 on Friday. Nuveen Amt-Free Quality Municpl Incm Fnd has a one year low of $12.94 and a one year high of $14.18.
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Nuveen AMT-Free Quality Municipal Income Fund is a diversified, closed-end management investment company. The Fund’s investment objectives are to provide current income exempt from regular federal income tax and the alternative minimum tax applicable to individuals and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the Fund’s investment advisor believes are underrated or undervalued or that represent municipal market sectors that are undervalued.
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