Nuveen New Jersey Dividend Advantg Mncpl Declares Monthly Dividend of $0.05 (NXJ)

Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ) announced a monthly dividend on Monday, December 3rd, NASDAQ reports. Shareholders of record on Friday, December 14th will be paid a dividend of 0.054 per share on Monday, December 31st. This represents a $0.65 annualized dividend and a yield of 5.00%. The ex-dividend date is Thursday, December 13th.

Nuveen New Jersey Dividend Advantg Mncpl has raised its dividend payment by an average of 1.0% annually over the last three years.

NYSE NXJ traded up $0.01 during trading hours on Friday, hitting $12.95. 144,989 shares of the company were exchanged, compared to its average volume of 84,056. Nuveen New Jersey Dividend Advantg Mncpl has a 52 week low of $12.34 and a 52 week high of $13.84.

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About Nuveen New Jersey Dividend Advantg Mncpl

Nuveen New Jersey Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New Jersey. The fund invests in undervalued municipal securities and other related investments that are, exempt from regular federal and New Jersey income taxes that are rated Baa or BBB or better.

Further Reading: Capital gains and your 401(k) or IRA

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

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