Nuveen Arizona Premium Income Mun Fd Announces Monthly Dividend of $0.04 (NAZ)
Nuveen Arizona Premium Income Mun Fd (NYSE:NAZ) announced a monthly dividend on Thursday, December 6th, Wall Street Journal reports. Shareholders of record on Friday, December 14th will be paid a dividend of 0.0415 per share by the investment management company on Monday, December 31st. This represents a $0.50 annualized dividend and a yield of 4.18%. The ex-dividend date of this dividend is Thursday, December 13th.
Nuveen Arizona Premium Income Mun Fd has decreased its dividend payment by an average of 6.4% per year over the last three years.
NAZ traded up $0.01 during trading on Thursday, hitting $11.90. 62,175 shares of the company’s stock traded hands, compared to its average volume of 27,260. Nuveen Arizona Premium Income Mun Fd has a 12-month low of $11.39 and a 12-month high of $14.74.
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Nuveen Arizona Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is managed by Nuveen Asset Management, LLC. It invests in the fixed income markets of Arizona. The fund invests in municipal securities and other related investments the income, exempt from regular federal and Arizona income taxes that are rated Baa or BBB or better and having an average maturity of 18.66 years.
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