Nuveen Intermediate Duration Municipal Term Fund (NYSE:NID) Announces Monthly Dividend of $0.04

Nuveen Intermediate Duration Municipal Term Fund (NYSE:NID) declared a monthly dividend on Tuesday, April 6th, Wall Street Journal reports. Stockholders of record on Thursday, April 15th will be paid a dividend of 0.044 per share by the investment management company on Monday, May 3rd. This represents a $0.53 dividend on an annualized basis and a dividend yield of 3.70%. The ex-dividend date is Wednesday, April 14th.

Shares of NYSE NID opened at $14.27 on Wednesday. The firm has a fifty day moving average of $14.03 and a 200 day moving average of $13.79. Nuveen Intermediate Duration Municipal Term Fund has a one year low of $12.08 and a one year high of $14.50.

About Nuveen Intermediate Duration Municipal Term Fund

Nuveen Intermediate Duration Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in fixed income markets of the United States. The fund primarily invests in municipal securities that are exempt from federal income taxes.

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Dividend History for Nuveen Intermediate Duration Municipal Term Fund (NYSE:NID)

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