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

Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) announced a monthly dividend on Thursday, August 1st, NASDAQ reports. Shareholders of record on Thursday, August 15th will be given a dividend of 0.0725 per share by the investment management company on Tuesday, September 3rd. This represents a $0.87 dividend on an annualized basis and a yield of 7.40%. The ex-dividend date of this dividend is Thursday, August 15th.

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

Nuveen Arizona Quality Municipal Income Fund Price Performance

Shares of NAZ stock remained flat at $11.76 during trading hours on Friday. The stock had a trading volume of 19,803 shares, compared to its average volume of 23,440. Nuveen Arizona Quality Municipal Income Fund has a one year low of $9.22 and a one year high of $11.82. The firm’s fifty day simple moving average is $11.22 and its 200 day simple moving average is $10.96.

Nuveen Arizona Quality Municipal Income Fund Company Profile

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.