Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) Announces Monthly Dividend of $0.07

Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) announced a monthly dividend on Friday, May 1st. Shareholders of record on Friday, May 15th will be paid a dividend of 0.0655 per share by the investment management company on Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date is Friday, May 15th.

Nuveen Arizona Quality Municipal Income Fund Stock Performance

NAZ traded down $0.01 during midday trading on Wednesday, reaching $12.74. 7,738 shares of the company were exchanged, compared to its average volume of 27,486. The company’s fifty day moving average price is $12.42 and its 200 day moving average price is $12.13. Nuveen Arizona Quality Municipal Income Fund has a one year low of $11.40 and a one year high of $13.00.

About Nuveen Arizona Quality Municipal Income Fund

Nuveen Arizona Quality Municipal Income Fund (NYSE: NAZ) is a closed-end management investment company that seeks to provide shareholders with a high level of current income that is exempt from regular U.S. federal income tax. Managed by Nuveen Asset Management, the fund focuses on investment-grade municipal obligations issued by or on behalf of entities located in the state of Arizona. Its portfolio typically includes general obligation bonds, revenue bonds and essential-purpose municipal securities backed by state and local governments and quasi-governmental agencies.

The fund employs fundamental credit analysis to select bonds that meet rigorous quality standards, aiming to preserve principal while generating tax-advantaged income.