Nuveen Minnesota Quality Municipal Income Fund Plans Monthly Dividend of $0.05 (NYSE:NMS)

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMSGet Free Report) announced a monthly dividend on Monday, April 1st, Zacks reports. Investors of record on Monday, April 15th will be paid a dividend of 0.05 per share on Wednesday, May 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.34%. The ex-dividend date of this dividend is Friday, April 12th.

Nuveen Minnesota Quality Municipal Income Fund has decreased its dividend payment by an average of 8.8% per year over the last three years and has raised its dividend every year for the last 1 years.

Nuveen Minnesota Quality Municipal Income Fund Trading Down 0.1 %

Nuveen Minnesota Quality Municipal Income Fund stock opened at $11.23 on Wednesday. The firm has a 50 day simple moving average of $11.19 and a 200 day simple moving average of $10.66. Nuveen Minnesota Quality Municipal Income Fund has a 1-year low of $9.21 and a 1-year high of $12.18.

Hedge Funds Weigh In On Nuveen Minnesota Quality Municipal Income Fund

A number of large investors have recently made changes to their positions in the stock. UBS Group AG lifted its holdings in Nuveen Minnesota Quality Municipal Income Fund by 32.2% during the 4th quarter. UBS Group AG now owns 33,606 shares of the company’s stock worth $378,000 after purchasing an additional 8,181 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Nuveen Minnesota Quality Municipal Income Fund by 731.5% in the fourth quarter. Bank of America Corp DE now owns 31,598 shares of the company’s stock worth $355,000 after buying an additional 27,798 shares in the last quarter. Morgan Stanley boosted its position in shares of Nuveen Minnesota Quality Municipal Income Fund by 26.2% in the fourth quarter. Morgan Stanley now owns 29,297 shares of the company’s stock valued at $330,000 after acquiring an additional 6,076 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of Nuveen Minnesota Quality Municipal Income Fund by 23.6% in the second quarter. Commonwealth Equity Services LLC now owns 23,633 shares of the company’s stock valued at $264,000 after acquiring an additional 4,508 shares during the period. Finally, Captrust Financial Advisors purchased a new position in Nuveen Minnesota Quality Municipal Income Fund during the second quarter valued at approximately $30,000.

Nuveen Minnesota Quality Municipal Income Fund Company Profile

(Get Free Report)

Nuveen Minnesota Quality Municipal Income Fund is a closed 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 in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities that are exempt from regular federal and Minnesota personal income taxes.

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Dividend History for Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS)

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