Nuveen Municipal Income Fund, Inc. (NYSE:NMI – Get Free Report) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.038 per share on Thursday, May 1st. This represents a $0.46 annualized dividend and a dividend yield of 4.81%. The ex-dividend date of this dividend is Tuesday, April 15th.
Nuveen Municipal Income Fund has increased its dividend by an average of 6.6% annually over the last three years.
Nuveen Municipal Income Fund Stock Up 0.3 %
NYSE NMI opened at $9.49 on Friday. The firm’s 50-day moving average is $9.80 and its two-hundred day moving average is $9.71. Nuveen Municipal Income Fund has a 12 month low of $9.11 and a 12 month 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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