Nuveen Mich Qua (NUM) to Issue Monthly Dividend of $0.05
Nuveen Mich Qua (NYSE:NUM) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Stockholders of record on Friday, October 13th will be paid a dividend of 0.0535 per share by the investment management company on Wednesday, November 1st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 4.70%. The ex-dividend date of this dividend is Thursday, October 12th.
Nuveen Mich Qua has decreased its dividend payment by an average of 3.8% annually over the last three years.
Nuveen Mich Qua (NYSE:NUM) traded down 0.07% on Tuesday, hitting $13.65. The stock had a trading volume of 16,297 shares. The stock has a 50-day moving average of $13.81 and a 200-day moving average of $13.68. Nuveen Mich Qua has a one year low of $12.90 and a one year high of $14.73.
ILLEGAL ACTIVITY WARNING: “Nuveen Mich Qua (NUM) to Issue Monthly Dividend of $0.05” was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this story on another domain, it was stolen and republished in violation of international copyright and trademark legislation. The legal version of this story can be viewed at https://www.americanbankingnews.com/2017/10/03/nuveen-mich-qua-num-to-issue-monthly-dividend-of-0-05-2.html.
Nuveen Mich Qua Company Profile
Nuveen Michigan Quality Income Municipal Fund is a closed-end management investment company. The fund seeks current income exempt from federal and Michigan income tax, as well as the Michigan intangibles tax. The secondary objective is the enhancement of portfolio value. The fund invests at least 80% of its managed assets in securities rated, at the time of investment, investment grade (Baa/BBB, S&P, Moody’s, or Fitch).
Receive News & Ratings for Nuveen Mich Qua Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Mich Qua and related companies with MarketBeat.com's FREE daily email newsletter.