Nuveen New Jersey Quality Municipal Income Fund (NXJ) to Issue Monthly Dividend of $0.08 on December 31st

Nuveen New Jersey Quality Municipal Income Fund (NYSE:NXJ) announced a monthly dividend on Monday, December 1st. Shareholders of record on Monday, December 15th will be given a dividend of 0.0785 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 7.4%. The ex-dividend date of this dividend is Monday, December 15th.

Nuveen New Jersey Quality Municipal Income Fund Stock Down 0.2%

Shares of NYSE:NXJ traded down $0.03 on Friday, reaching $12.67. 81,071 shares of the company’s stock were exchanged, compared to its average volume of 135,086. The business’s 50-day moving average is $12.67 and its two-hundred day moving average is $11.92. Nuveen New Jersey Quality Municipal Income Fund has a fifty-two week low of $11.01 and a fifty-two week high of $12.90.

Nuveen New Jersey Quality Municipal Income Fund Company Profile

Nuveen New Jersey 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 New Jersey. The fund invests in undervalued municipal securities and other related investments that are, exempt from regular federal and New Jersey income taxes that are rated Baa or BBB or better.