Nuveen Mich Qua (NUM) Earning Positive Media Coverage, Report Finds
News coverage about Nuveen Mich Qua (NYSE:NUM) has trended positive this week, according to Accern. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nuveen Mich Qua earned a news sentiment score of 0.31 on Accern’s scale. Accern also assigned media stories about the investment management company an impact score of 46.7436871475552 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Nuveen Mich Qua (NYSE:NUM) opened at 13.63 on Friday. The stock’s 50 day moving average is $13.80 and its 200 day moving average is $13.69. Nuveen Mich Qua has a 52-week low of $12.90 and a 52-week high of $14.46.
The company also recently announced a monthly dividend, which will be paid on Wednesday, November 1st. Investors of record on Friday, October 13th will be given a dividend of $0.0535 per share. The ex-dividend date of this dividend is Thursday, October 12th. This represents a $0.64 dividend on an annualized basis and a yield of 4.71%.
Nuveen Mich Qua Company Profile
Nuveen Michigan Quality Income Municipal Fund is a closed-end management investment company. The fund seeks current income exempt from federal and Michigan income tax, as well as the Michigan intangibles tax. The secondary objective is the enhancement of portfolio value. The fund invests at least 80% of its managed assets in securities rated, at the time of investment, investment grade (Baa/BBB, S&P, Moody’s, or Fitch).
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