Nuveen Pennsylvania Quality Municipal Income Fund (NQP) to Issue Monthly Dividend of $0.08 on March 2nd

Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP) declared a monthly dividend on Monday, February 2nd. Shareholders of record on Friday, February 13th will be paid a dividend of 0.078 per share by the financial services provider on Monday, March 2nd. This represents a c) annualized dividend and a yield of 7.7%. The ex-dividend date of this dividend is Friday, February 13th.

Nuveen Pennsylvania Quality Municipal Income Fund Stock Performance

NYSE NQP opened at $12.09 on Wednesday. The business has a fifty day moving average price of $11.98 and a two-hundred day moving average price of $11.74. Nuveen Pennsylvania Quality Municipal Income Fund has a fifty-two week low of $10.65 and a fifty-two week high of $12.23.

Nuveen Pennsylvania Quality Municipal Income Fund Company Profile

Nuveen Pennsylvania Quality Municipal Income Fund (NYSE: NQP) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal and Pennsylvania state income taxes. Launched in the early 1980s, the Fund primarily invests in investment-grade municipal securities issued by state and local government entities within Pennsylvania, targeting bonds that finance public infrastructure, healthcare facilities, educational institutions and utility projects.

Under its 80% asset policy, the Fund allocates the majority of its portfolio to bonds rated ‘BBB’ or higher, emphasizing general obligation and revenue-secured municipal debt.