Nuveen Municipal Income Fund, Inc. (NYSE:NMI – Get Free Report) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be given a dividend of 0.036 per share on Thursday, August 1st. This represents a $0.43 annualized dividend and a dividend yield of 4.39%. The ex-dividend date of this dividend is Monday, July 15th.
Nuveen Municipal Income Fund has decreased its dividend by an average of 2.6% annually over the last three years.
Nuveen Municipal Income Fund Stock Up 0.4 %
NYSE NMI opened at $9.84 on Wednesday. Nuveen Municipal Income Fund has a twelve month low of $8.30 and a twelve month high of $9.85. The stock has a 50-day moving average of $9.42 and a 200 day moving average of $9.33.
About Nuveen Municipal Income Fund
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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