Nuveen Municipal Income Fund, Inc. (NYSE:NMI – Get Free Report) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.038 per share on Tuesday, April 1st. This represents a $0.46 annualized dividend and a yield of 4.66%. The ex-dividend date of this dividend is Friday, March 14th.
Nuveen Municipal Income Fund has increased its dividend by an average of 6.6% per year over the last three years.
Nuveen Municipal Income Fund Trading Down 1.8 %
NYSE:NMI opened at $9.78 on Wednesday. The company has a fifty day moving average price of $9.71 and a 200 day moving average price of $9.79. Nuveen Municipal Income Fund has a one year low of $9.11 and a one year high of $10.30.
Nuveen Municipal Income Fund Company Profile
Nuveen Municipal Income Fund, Inc 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 primarily invests in municipal obligations issued by state and local government authorities.
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