Nuveen Minnesota Quality Municipal Income Fund Plans Monthly Dividend of $0.05 (NYSE:NMS)

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMSGet Rating) announced a monthly dividend on Wednesday, June 1st, Zacks reports. Investors of record on Wednesday, June 15th will be paid a dividend of 0.052 per share on Friday, July 1st. This represents a $0.62 annualized dividend and a yield of 4.05%. The ex-dividend date is Tuesday, June 14th.

Nuveen Minnesota Quality Municipal Income Fund has decreased its dividend payment by an average of 2.0% per year over the last three years.

Shares of Nuveen Minnesota Quality Municipal Income Fund stock opened at $15.41 on Friday. The stock’s 50 day simple moving average is $14.88 and its 200-day simple moving average is $14.93. Nuveen Minnesota Quality Municipal Income Fund has a 1-year low of $14.38 and a 1-year high of $16.48.

An institutional investor recently raised its position in Nuveen Minnesota Quality Municipal Income Fund stock. Wells Fargo & Company MN grew its stake in Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMSGet Rating) by 11.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 49,686 shares of the company’s stock after acquiring an additional 5,001 shares during the quarter. Wells Fargo & Company MN’s holdings in Nuveen Minnesota Quality Municipal Income Fund were worth $811,000 as of its most recent SEC filing.

Nuveen Minnesota Quality Municipal Income Fund Company Profile (Get Rating)

Nuveen Minnesota 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 the United States. The fund primarily invests in investment grade municipal securities that are exempt from regular federal and Minnesota personal income taxes.

See Also

Dividend History for Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS)

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