Nuveen Municipal Income Fund, Inc. to Issue Monthly Dividend of $0.04 (NYSE:NMI)

Nuveen Municipal Income Fund, Inc. (NYSE:NMI) announced a monthly dividend on Monday, November 3rd. Shareholders of record on Friday, November 14th will be paid a dividend of 0.038 per share on Monday, December 1st. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Friday, November 14th.

Nuveen Municipal Income Fund Stock Performance

NMI stock opened at $9.99 on Tuesday. The firm’s 50-day moving average price is $9.91 and its two-hundred day moving average price is $9.87. Nuveen Municipal Income Fund has a 12-month low of $9.21 and a 12-month high of $10.85.

Nuveen Municipal Income Fund Company Profile

Nuveen Municipal Income Fund, Inc 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 municipal obligations issued by state and local government authorities.