Nuveen Minnesota Quality Municipal Income Fund (NMS) To Go Ex-Dividend on May 15th

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) announced a monthly dividend on Friday, May 1st. Shareholders of record on Friday, May 15th will be given a dividend of 0.0665 per share on Monday, June 1st. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date is Friday, May 15th.

Nuveen Minnesota Quality Municipal Income Fund Stock Performance

NYSE NMS traded down $0.02 during midday trading on Wednesday, hitting $12.42. The company had a trading volume of 3,682 shares, compared to its average volume of 15,596. The firm has a fifty day simple moving average of $12.11 and a two-hundred day simple moving average of $12.00. Nuveen Minnesota Quality Municipal Income Fund has a fifty-two week low of $11.07 and a fifty-two week high of $12.49.

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.