Nuveen California Quality Municipal Income Fund (NAC) to Issue Monthly Dividend of $0.07 on February 3rd

Nuveen California Quality Municipal Income Fund (NYSE:NACGet Free Report) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.0735 per share on Monday, February 3rd. This represents a $0.88 dividend on an annualized basis and a yield of 7.85%. The ex-dividend date of this dividend is Wednesday, January 15th.

Nuveen California Quality Municipal Income Fund has increased its dividend by an average of 4.6% annually over the last three years.

Nuveen California Quality Municipal Income Fund Stock Performance

Shares of NYSE:NAC opened at $11.23 on Monday. Nuveen California Quality Municipal Income Fund has a 12-month low of $10.60 and a 12-month high of $12.03. The business has a 50 day moving average of $11.45 and a 200-day moving average of $11.62.

About Nuveen California Quality Municipal Income Fund

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Nuveen California 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 California, United States. The fund invests in undervalued municipal securities and other related investments that are exempt from regular federal and California income taxes.

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Dividend History for Nuveen California Quality Municipal Income Fund (NYSE:NAC)

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