Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) Declares Monthly Dividend of $0.07

Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Investors of record on Monday, July 15th will be given a dividend of 0.0725 per share by the investment management company on Thursday, August 1st. This represents a $0.87 dividend on an annualized basis and a yield of 7.78%. The ex-dividend date of this dividend is Monday, July 15th.

Nuveen Arizona Quality Municipal Income Fund has decreased its dividend payment by an average of 11.4% per year over the last three years.

Nuveen Arizona Quality Municipal Income Fund Stock Up 0.9 %

Shares of NAZ traded up $0.10 during mid-day trading on Tuesday, hitting $11.18. 20,423 shares of the company’s stock were exchanged, compared to its average volume of 19,636. Nuveen Arizona Quality Municipal Income Fund has a 52 week low of $9.22 and a 52 week high of $11.28. The stock’s 50-day simple moving average is $10.90 and its 200-day simple moving average is $10.86.

About Nuveen Arizona Quality Municipal Income Fund

Nuveen Arizona Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is managed by Nuveen Asset Management, LLC. It invests in the fixed income markets of Arizona. The fund invests in municipal securities and other related investments the income, exempt from regular federal and Arizona income taxes that are rated Baa or BBB or better and having an average maturity of 18.66 years.