Nuveen New Jersey Dividend Advantg Mncpl to Issue Monthly Dividend of $0.05 (NXJ)

Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ) declared a monthly dividend on Monday, February 4th, Wall Street Journal reports. Stockholders of record on Friday, February 15th will be given a dividend of 0.0545 per share on Friday, March 1st. This represents a $0.65 annualized dividend and a dividend yield of 4.90%. The ex-dividend date is Thursday, February 14th.

Nuveen New Jersey Dividend Advantg Mncpl has increased its dividend by an average of 0.1% annually over the last three years.

Shares of NXJ opened at $13.35 on Friday. Nuveen New Jersey Dividend Advantg Mncpl has a 52 week low of $12.34 and a 52 week high of $13.36.

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Nuveen New Jersey Dividend Advantg Mncpl 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.

See Also: Earnings Per Share (EPS) Explained

Dividend History for Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ)

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