Nuveen Taxable Municipal Income Fund (NYSE:NBB) Announces Monthly Dividend of $0.09

Nuveen Taxable Municipal Income Fund (NYSE:NBB) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Investors of record on Friday, December 13th will be paid a dividend of 0.0925 per share on Tuesday, December 31st. This represents a $1.11 annualized dividend and a yield of 5.08%. The ex-dividend date is Thursday, December 12th.

NBB stock traded down $0.02 during trading on Wednesday, hitting $21.86. 49,970 shares of the stock traded hands, compared to its average volume of 88,002. The firm’s 50 day moving average is $21.62 and its two-hundred day moving average is $21.63. Nuveen Taxable Municipal Income Fund has a 1 year low of $18.88 and a 1 year high of $22.98.

Nuveen Taxable Municipal Income Fund Company Profile

Nuveen Taxable 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 also invests some portion of its portfolio in derivative instruments.

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Dividend History for Nuveen Taxable Municipal Income Fund (NYSE:NBB)

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