Nuveen Missouri Quality Municipal Income Fund (NOM) to Issue Monthly Dividend of $0.06 on March 2nd

by · The Markets Daily

Nuveen Missouri Quality Municipal Income Fund (NYSE:NOM – Get Free Report) declared a monthly dividend on Monday, February 2nd. Shareholders of record on Friday, February 13th will be given a dividend of 0.061 per share on Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Friday, February 13th.

Nuveen Missouri Quality Municipal Income Fund Stock Up 1.3%

Shares of NYSE:NOM opened at $11.60 on Wednesday. Nuveen Missouri Quality Municipal Income Fund has a one year low of $9.63 and a one year high of $12.19. The company has a 50-day simple moving average of $11.46 and a 200-day simple moving average of $11.14.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of NOM. Susquehanna International Group LLP acquired a new position in shares of Nuveen Missouri Quality Municipal Income Fund during the 3rd quarter worth $117,000. Baird Financial Group Inc. boosted its holdings in Nuveen Missouri Quality Municipal Income Fund by 29.1% during the second quarter. Baird Financial Group Inc. now owns 13,745 shares of the company’s stock worth $142,000 after buying an additional 3,100 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in Nuveen Missouri Quality Municipal Income Fund by 3.5% during the second quarter. Cetera Investment Advisers now owns 90,189 shares of the company’s stock worth $935,000 after buying an additional 3,017 shares in the last quarter. 14.77% of the stock is currently owned by hedge funds and other institutional investors.

About Nuveen Missouri Quality Municipal Income Fund

(Get Free Report)

Nuveen Missouri Quality Municipal Income Fund (NYSE: NOM) is a closed-end investment company that focuses on high-quality, tax-exempt municipal securities issued by the state of Missouri and its political subdivisions. The fund seeks to provide a high level of current income that is exempt from federal—and, where applicable, Missouri state and local—income taxes. By concentrating on investment-grade general obligation and revenue bonds, the portfolio aims to balance income potential with capital preservation.

Managed by Nuveen Asset Management, a subsidiary of TIAA, the fund employs a disciplined, research-driven approach to credit selection and risk management.

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