Nuveen Intermediate Duration Qlty Mun FD (NIQ) Declares Monthly Dividend of $0.04
Nuveen Intermediate Duration Qlty Mun FD (NYSE:NIQ) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, November 15th will be given a dividend of 0.039 per share on Friday, December 1st. This represents a $0.47 dividend on an annualized basis and a yield of 3.56%. The ex-dividend date is Tuesday, November 14th.
Nuveen Intermediate Duration Qlty Mun FD has increased its dividend by an average of 7.8% annually over the last three years.
About Nuveen Intermediate Duration Qlty Mun FD
Nuveen Intermediate Duration Quality Municipal Term Fund (the Fund) is a diversified, closed-end management investment company. The Fund seeks to achieve its investment objectives by investing in a diversified portfolio of primarily investment grade quality municipal securities (approximately 80% of managed assets), the income from which is exempt from regular federal income tax.
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