Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) Declares Monthly Dividend of $0.07

by · The Cerbat Gem

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA – Get Free Report) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be paid a dividend of 0.073 per share on Tuesday, December 31st. This represents a $0.88 dividend on an annualized basis and a yield of 7.36%. The ex-dividend date of this dividend is Friday, December 13th.

Nuveen AMT-Free Quality Municipal Income Fund has decreased its dividend by an average of 13.5% annually over the last three years.

Nuveen AMT-Free Quality Municipal Income Fund Price Performance

NEA remained flat at $11.90 on Tuesday. 1,043,478 shares of the company were exchanged, compared to its average volume of 892,298. The stock’s 50-day simple moving average is $11.72 and its 200-day simple moving average is $11.54. Nuveen AMT-Free Quality Municipal Income Fund has a 52-week low of $10.53 and a 52-week high of $12.06.

About Nuveen AMT-Free Quality Municipal Income Fund

(Get Free Report)

Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax.

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