Nuveen Conn Prm (NTC) to Issue Monthly Dividend of $0.04
Nuveen Conn Prm (NYSE:NTC) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Stockholders of record on Friday, January 12th will be paid a dividend of 0.041 per share by the investment management company on Thursday, February 1st. This represents a $0.49 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date of this dividend is Thursday, January 11th.
Nuveen Conn Prm has decreased its dividend payment by an average of 1.7% annually over the last three years.
Shares of Nuveen Conn Prm (NTC) remained flat at $$11.95 during mid-day trading on Wednesday. 41,784 shares of the company’s stock were exchanged, compared to its average volume of 52,400. Nuveen Conn Prm has a 52-week low of $11.82 and a 52-week high of $12.57.
Nuveen Conn Prm Company Profile
Nuveen Connecticut Quality Municipal Income Fund, formerly Nuveen Connecticut Premium Income Municipal Fund, is a diversified closed-end management investment company. It seeks to provide current income exempt from both regular federal and designated state 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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