Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP) Plans Monthly Dividend of $0.08

Posted by Doug Madison on Nov 14th, 2024

Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP – Get Free Report) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.078 per share by the financial services provider on Monday, December 2nd. This represents a $0.94 dividend on an annualized basis and a dividend yield of 7.94%. The ex-dividend date of this dividend is Friday, November 15th.

Nuveen Pennsylvania Quality Municipal Income Fund has decreased its dividend by an average of 17.6% annually over the last three years.

Nuveen Pennsylvania Quality Municipal Income Fund Trading Up 0.0 %

Shares of NQP stock opened at $11.80 on Thursday. Nuveen Pennsylvania Quality Municipal Income Fund has a 1-year low of $10.48 and a 1-year high of $12.89. The stock’s fifty day simple moving average is $12.32 and its 200-day simple moving average is $12.19.

Insiders Place Their Bets

In other news, major shareholder Saba Capital Management, L.P. sold 2,789 shares of the company’s stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $11.89, for a total value of $33,161.21. Following the transaction, the insider now owns 5,151,310 shares in the company, valued at $61,249,075.90. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last ninety days, insiders sold 143,260 shares of company stock worth $1,702,067. 1.00% of the stock is currently owned by company insiders.

About Nuveen Pennsylvania Quality Municipal Income Fund

(Get Free Report)

Nuveen Pennsylvania 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 Pennsylvania. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.