Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ) declared a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, November 15th will be given a dividend of 0.058 per share on Friday, December 1st. This represents a $0.70 dividend on an annualized basis and a yield of 5.11%. The ex-dividend date of this dividend is Tuesday, November 14th.

Nuveen New Jersey Dividend Advantg Mncpl has increased its dividend payment by an average of 5.3% annually over the last three years.

TRADEMARK VIOLATION WARNING: This story was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this story on another website, it was illegally copied and reposted in violation of US and international copyright and trademark laws. The original version of this story can be read at https://www.americanbankingnews.com/2017/11/02/nuveen-new-jersey-dividend-advantg-mncpl-nxj-plans-monthly-dividend-of-0-06.html.

Nuveen New Jersey Dividend Advantg Mncpl Company Profile

Nuveen New Jersey Quality Municipal Income Fund, formerly Nuveen New Jersey Dividend Advantage Municipal Fund, is a diversified, closed-end management investment fund. The Fund’s investment objective is to provide current income exempt from both regular federal and New Jersey income taxes by investing in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain the United States territories.

Dividend History for Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ)

Receive News & Ratings for Nuveen New Jersey Dividend Advantg Mncpl Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen New Jersey Dividend Advantg Mncpl and related companies with MarketBeat.com's FREE daily email newsletter.