Nuveen Intermediate Duration Qlty Mun FD (NYSE:NIQ) Declares Monthly Dividend of $0.03
Nuveen Intermediate Duration Qlty Mun FD (NYSE:NIQ) announced a monthly dividend on Thursday, August 1st, NASDAQ reports. Shareholders of record on Thursday, August 15th will be given a dividend of 0.032 per share on Tuesday, September 3rd. This represents a $0.38 dividend on an annualized basis and a yield of 2.78%. The ex-dividend date is Wednesday, August 14th.
Nuveen Intermediate Duration Qlty Mun FD has decreased its dividend payment by an average of 9.9% per year over the last three years.
NYSE NIQ traded up $0.10 during trading hours on Tuesday, reaching $13.80. 20,200 shares of the stock traded hands, compared to its average volume of 30,805. The firm has a 50 day moving average price of $13.45. Nuveen Intermediate Duration Qlty Mun FD has a 1 year low of $11.81 and a 1 year high of $13.82.
Nuveen Intermediate Duration Quality Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests into public fixed income markets of the United States. The fund seeks to invest in stocks of companies that are operating across diversified sectors.
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