Nuveen Taxable Municipal Income Fund (NBB) to Issue Dividend of $0.10 on December 31st

Nuveen Taxable Municipal Income Fund (NYSE:NBBGet Free Report) announced a dividend on Monday, December 2nd,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.0965 per share on Tuesday, December 31st. The ex-dividend date is Friday, December 13th.

Nuveen Taxable Municipal Income Fund has raised its dividend payment by an average of 6.0% annually over the last three years.

Nuveen Taxable Municipal Income Fund Price Performance

NBB opened at $16.36 on Wednesday. Nuveen Taxable Municipal Income Fund has a fifty-two week low of $14.52 and a fifty-two week high of $17.31. The company’s 50-day moving average is $16.17 and its 200 day moving average is $16.02.

About Nuveen Taxable Municipal Income Fund

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Nuveen Taxable 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 the United States. The fund also invests some portion of its portfolio in derivative instruments.

Further Reading

Dividend History for Nuveen Taxable Municipal Income Fund (NYSE:NBB)

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