Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) Plans $0.07 Monthly Dividend

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) declared a monthly dividend on Monday, February 2nd. Stockholders of record on Friday, February 13th will be given a dividend of 0.0665 per share on Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 6.6%. The ex-dividend date of this dividend is Friday, February 13th.

Nuveen Minnesota Quality Municipal Income Fund Stock Up 0.1%

Shares of NYSE:NMS traded up $0.02 during midday trading on Tuesday, reaching $12.06. The company’s stock had a trading volume of 1,742 shares, compared to its average volume of 17,143. Nuveen Minnesota Quality Municipal Income Fund has a fifty-two week low of $11.07 and a fifty-two week high of $12.60. The firm has a 50 day moving average price of $11.87 and a two-hundred day moving average price of $11.72.

Nuveen Minnesota Quality Municipal Income Fund Company Profile

Nuveen Minnesota Quality Municipal Income Fund (NYSE: NMS) is a closed-end investment company managed by Nuveen, a global asset manager specializing in fixed income and tax-advantaged strategies. The fund’s primary objective is to provide current income exempt from federal and Minnesota state personal income taxes by investing predominantly in municipal securities issued by entities located in or serving the state of Minnesota.

The fund’s portfolio is concentrated in investment-grade general obligation and revenue bonds that finance public projects such as schools, transportation infrastructure, and utilities throughout Minnesota.