Nuveen New Jersey Dividend Advantg Mncpl (NXJ) Announces $0.06 Monthly Dividend
Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Shareholders of record on Friday, December 15th will be given a dividend of 0.058 per share on Friday, December 29th. This represents a $0.70 dividend on an annualized basis and a yield of 5.11%. The ex-dividend date is Thursday, December 14th.
Nuveen New Jersey Dividend Advantg Mncpl has raised its dividend by an average of 5.3% per year over the last three years.
Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ) traded up $0.04 during trading on Monday, hitting $13.62. 90,370 shares of the stock traded hands, compared to its average volume of 70,821. Nuveen New Jersey Dividend Advantg Mncpl has a twelve month low of $12.95 and a twelve month high of $14.04.
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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.
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