Nuveen Intermediate Duration Qlty Mun FD (NIQ) To Go Ex-Dividend on June 14th
Nuveen Intermediate Duration Qlty Mun FD (NYSE:NIQ) announced a monthly dividend on Monday, June 4th, Wall Street Journal reports. Stockholders of record on Friday, June 15th will be given a dividend of 0.033 per share on Monday, July 2nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date of this dividend is Thursday, June 14th.
Nuveen Intermediate Duration Qlty Mun FD has decreased its dividend payment by an average of 6.5% annually over the last three years.
Shares of Nuveen Intermediate Duration Qlty Mun FD traded up $0.05, reaching $12.45, during mid-day trading on Wednesday, Marketbeat Ratings reports. 300 shares of the stock were exchanged, compared to its average volume of 26,924. Nuveen Intermediate Duration Qlty Mun FD has a one year low of $12.22 and a one year high of $13.49.
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.
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