Nuveen New Jersey Quality Municipal Income Fund (NXJ) to Issue Monthly Dividend of $0.08 on February 2nd

Nuveen New Jersey Quality Municipal Income Fund (NYSE:NXJ) declared a monthly dividend on Friday, January 2nd. Stockholders of record on Thursday, January 15th will be paid a dividend of 0.0785 per share on Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend is Thursday, January 15th.

Nuveen New Jersey Quality Municipal Income Fund Price Performance

Shares of NXJ traded up $0.02 during trading hours on Tuesday, hitting $12.64. The company had a trading volume of 95,979 shares, compared to its average volume of 133,647. The firm has a fifty day moving average price of $12.68 and a 200-day moving average price of $12.12. Nuveen New Jersey Quality Municipal Income Fund has a 52-week low of $11.01 and a 52-week high of $12.90.

Nuveen New Jersey Quality Municipal Income Fund Company Profile

Nuveen New Jersey Quality Municipal Income Fund (NYSE: NXJ) is a closed-end management investment company sponsored by Nuveen, a subsidiary of TIAA Global Asset Management. Established to serve investors seeking tax-advantaged income, the fund is listed on the New York Stock Exchange and is managed by Nuveen’s municipal fixed-income team. It draws on Nuveen’s longstanding expertise in the municipal bond market to construct a portfolio aligned with its stated objectives.

The fund’s primary objective is to provide a high level of current income exempt from federal and New Jersey personal income taxes.