Nuveen Municipal Income Fund, Inc. (NYSE:NMI – Get Free Report) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be paid a dividend of 0.036 per share on Thursday, August 1st. This represents a $0.43 annualized dividend and a dividend yield of 4.39%. The ex-dividend date is Monday, July 15th.
Nuveen Municipal Income Fund has decreased its dividend payment by an average of 2.6% per year over the last three years.
Nuveen Municipal Income Fund Stock Up 0.4 %
NMI traded up $0.04 during trading hours on Tuesday, hitting $9.84. The company’s stock had a trading volume of 19,560 shares, compared to its average volume of 25,612. Nuveen Municipal Income Fund has a fifty-two week low of $8.30 and a fifty-two week high of $9.85. The company has a 50-day simple moving average of $9.41 and a 200 day simple moving average of $9.32.
Nuveen Municipal Income Fund Company Profile
Nuveen Municipal Income Fund, Inc 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 United States. The fund primarily invests in municipal obligations issued by state and local government authorities.
See Also
- Five stocks we like better than Nuveen Municipal Income Fund
- Stock Market Sectors: What Are They and How Many Are There?
- RXO Shares Surge Following New Acquisition Deal
- High Dividend REITs: Are They an Ideal Way to Diversify?
- 3 Stock Dips Insiders Are Buying: Vestis, Shenandoah, Treace
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Biotech Stock Breakout: IBB Eyes Resistance with Amgen and Vertex
Receive News & Ratings for Nuveen Municipal Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Municipal Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
