Nuveen California Quality Municipal Income Fund (NYSE:NAC) Shares Set to Pay Monthly Dividend of $0.07

Nuveen California Quality Municipal Income Fund (NYSE:NAC) declared a monthly dividend on Monday, November 2nd. Stockholders of record on Friday, November 13th will be given a dividend of $0.0695 per share on Tuesday, December 1st. This represents a $0.83 dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date of this dividend is Friday, November 13th.

Nuveen California Quality Municipal Income Fund Stock Performance

Shares of NAC stock opened at $10.26 on Tuesday. The firm has a fifty day simple moving average of $10.59 and a 200-day simple moving average of $11.56. Nuveen California Quality Municipal Income Fund has a twelve month low of $9.80 and a twelve month high of $12.25.

About Nuveen California Quality Municipal Income Fund

Nuveen California Quality Municipal Income Fund (NYSE: NAC) is a closed-end management investment company designed to provide current income that is generally exempt from regular federal and California state income taxes. The fund invests primarily in municipal securities issued by or on behalf of California state and local governments, public authorities, and other governmental entities.

Its portfolio may include a range of investment-grade and below-investment-grade municipal bonds, including general obligation bonds, revenue bonds, and other tax-exempt obligations.