Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) to Issue Monthly Dividend of $0.05

Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) declared a monthly dividend on Tuesday, October 5th, Wall Street Journal reports. Shareholders of record on Friday, October 15th will be given a dividend of 0.0485 per share by the financial services provider on Monday, November 1st. This represents a $0.58 annualized dividend and a yield of 3.54%. The ex-dividend date of this dividend is Thursday, October 14th.

Nuveen Virginia Quality Municipal Income Fund has decreased its dividend payment by 1.7% over the last three years.

Nuveen Virginia Quality Municipal Income Fund stock opened at $16.45 on Wednesday. Nuveen Virginia Quality Municipal Income Fund has a 1 year low of $14.81 and a 1 year high of $17.93. The firm’s 50 day moving average price is $16.83 and its two-hundred day moving average price is $16.56.

An institutional investor recently raised its position in Nuveen Virginia Quality Municipal Income Fund stock. Morgan Stanley grew its stake in shares of Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV) by 9.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 141,599 shares of the financial services provider’s stock after acquiring an additional 12,217 shares during the period. Morgan Stanley owned 0.79% of Nuveen Virginia Quality Municipal Income Fund worth $2,342,000 as of its most recent SEC filing. 6.09% of the stock is owned by institutional investors and hedge funds.

Nuveen Virginia Quality Municipal Income Fund Company Profile

Nuveen Virginia 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 Virginia. The fund invests primarily in municipal securities rated Baa/BBB or better.

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Dividend History for Nuveen Virginia Quality Municipal Income Fund (NYSE:NPV)

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