Nuveen Georgia Quality Municipal Income Fund (NKG) to Issue Monthly Dividend of $0.05 on November 1st

Nuveen Georgia Quality Municipal Income Fund (NYSE:NKG) declared a monthly dividend on Friday, October 1st, Zacks reports. Investors of record on Friday, October 15th will be paid a dividend of 0.045 per share by the asset manager on Monday, November 1st. This represents a $0.54 annualized dividend and a yield of 3.94%. The ex-dividend date is Thursday, October 14th.

Nuveen Georgia Quality Municipal Income Fund has decreased its dividend payment by 12.9% over the last three years.

Nuveen Georgia Quality Municipal Income Fund stock traded up $0.06 during mid-day trading on Tuesday, hitting $13.72. The stock had a trading volume of 2,751 shares, compared to its average volume of 17,254. The firm’s 50 day moving average is $13.78 and its 200 day moving average is $13.67. Nuveen Georgia Quality Municipal Income Fund has a one year low of $11.88 and a one year high of $14.21.

A hedge fund recently raised its stake in Nuveen Georgia Quality Municipal Income Fund stock. Morgan Stanley increased its position in Nuveen Georgia Quality Municipal Income Fund (NYSE:NKG) by 21.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 87,921 shares of the asset manager’s stock after buying an additional 15,538 shares during the period. Morgan Stanley’s holdings in Nuveen Georgia Quality Municipal Income Fund were worth $1,230,000 at the end of the most recent quarter.

Nuveen Georgia Quality Municipal Income Fund Company Profile

Nuveen Georgia 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 the Georgia. The fund invests into undervalued municipal securities and other related investments the income from which is exempt from regular federal and Georgia income taxes.

Featured Article: When is a capital gain realized?

Dividend History for Nuveen Georgia Quality Municipal Income Fund (NYSE:NKG)

Receive News & Ratings for Nuveen Georgia Quality Municipal Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Georgia Quality Municipal Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.