Nuveen New Jersey Quality Municipal Income Fund (NYSE:NXJ – Get Free Report) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.0785 per share on Monday, March 3rd. This represents a $0.94 annualized dividend and a yield of 7.76%. The ex-dividend date of this dividend is Friday, February 14th.
Nuveen New Jersey Quality Municipal Income Fund Price Performance
Shares of Nuveen New Jersey Quality Municipal Income Fund stock traded up $0.01 on Tuesday, hitting $12.14. The stock had a trading volume of 118,470 shares, compared to its average volume of 111,826. The business’s 50 day moving average is $12.19 and its two-hundred day moving average is $12.51. Nuveen New Jersey Quality Municipal Income Fund has a twelve month low of $11.45 and a twelve month high of $13.13.
Insider Buying and Selling at Nuveen New Jersey Quality Municipal Income Fund
In other Nuveen New Jersey Quality Municipal Income Fund news, major shareholder Saba Capital Management, L.P. sold 32,429 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $12.42, for a total transaction of $402,768.18. Following the transaction, the insider now owns 5,837,504 shares in the company, valued at $72,501,799.68. This represents a 0.55 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold a total of 690,388 shares of company stock valued at $8,499,162 in the last ninety days.
Nuveen New Jersey Quality Municipal Income Fund Company Profile
Nuveen New Jersey 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 New Jersey. The fund invests in undervalued municipal securities and other related investments that are, exempt from regular federal and New Jersey income taxes that are rated Baa or BBB or better.
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