Nuveen Amt-Free Quality Municpl Incm Fnd Plans Monthly Dividend of $0.06 (NEA)
Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) declared a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, November 15th will be paid a dividend of 0.058 per share on Friday, December 1st. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.13%. The ex-dividend date of this dividend is Tuesday, November 14th.
Nuveen Amt-Free Quality Municpl Incm Fnd has decreased its dividend payment by an average of 4.4% annually over the last three years.
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About Nuveen Amt-Free Quality Municpl Incm Fnd
Nuveen AMT-Free Quality Municipal Income Fund is a diversified, closed-end management investment company. The Fund’s investment objectives are to provide current income exempt from regular federal income tax and the alternative minimum tax applicable to individuals and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the Fund’s investment advisor believes are underrated or undervalued or that represent municipal market sectors that are undervalued.
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