Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ – Get Free Report) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.0725 per share by the investment management company on Monday, February 3rd. This represents a $0.87 dividend on an annualized basis and a dividend yield of 7.37%. The ex-dividend date of this dividend is Wednesday, January 15th.
Nuveen Arizona Quality Municipal Income Fund has raised its dividend payment by an average of 5.5% per year over the last three years.
Nuveen Arizona Quality Municipal Income Fund Stock Performance
NYSE NAZ opened at $11.81 on Monday. The stock’s 50 day simple moving average is $11.89 and its 200 day simple moving average is $11.72. Nuveen Arizona Quality Municipal Income Fund has a one year low of $10.52 and a one year high of $13.33.
About Nuveen Arizona Quality Municipal Income Fund
Nuveen Arizona Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is managed by Nuveen Asset Management, LLC. It invests in the fixed income markets of Arizona. The fund invests in municipal securities and other related investments the income, exempt from regular federal and Arizona income taxes that are rated Baa or BBB or better and having an average maturity of 18.66 years.
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