Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) Declares $0.06 Monthly Dividend

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) declared a monthly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be paid a dividend of 0.063 per share on Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend is Monday, June 15th.

Nuveen Minnesota Quality Municipal Income Fund Price Performance

Shares of NMS stock opened at $12.22 on Tuesday. The company’s 50-day moving average price is $12.15 and its 200-day moving average price is $12.03. Nuveen Minnesota Quality Municipal Income Fund has a twelve month low of $11.07 and a twelve month high of $12.49.

Nuveen Minnesota Quality Municipal Income Fund Company Profile

Nuveen Minnesota Quality Municipal Income Fund (NYSE: NMS) is a closed-end investment company managed by Nuveen, a global asset manager specializing in fixed income and tax-advantaged strategies. The fund’s primary objective is to provide current income exempt from federal and Minnesota state personal income taxes by investing predominantly in municipal securities issued by entities located in or serving the state of Minnesota.

The fund’s portfolio is concentrated in investment-grade general obligation and revenue bonds that finance public projects such as schools, transportation infrastructure, and utilities throughout Minnesota.