Nuveen New Jersey Quality Municipal Income Fund to Issue Monthly Dividend of $0.08 (NYSE:NXJ)

Nuveen New Jersey Quality Municipal Income Fund (NYSE:NXJ) declared a monthly dividend on Monday, March 2nd. Shareholders of record on Friday, March 13th will be paid a dividend of 0.0785 per share on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend is Friday, March 13th.

Nuveen New Jersey Quality Municipal Income Fund Price Performance

Shares of NYSE:NXJ remained flat at $12.48 during trading on Wednesday. The stock had a trading volume of 17,542 shares, compared to its average volume of 122,150. The stock has a fifty day moving average of $12.52 and a two-hundred day moving average of $12.42. Nuveen New Jersey Quality Municipal Income Fund has a 12-month low of $11.01 and a 12-month high of $12.90.

About Nuveen New Jersey Quality Municipal Income Fund

Nuveen New Jersey Quality Municipal Income Fund (NYSE: NXJ) is a closed-end management investment company sponsored by Nuveen, a subsidiary of TIAA Global Asset Management. Established to serve investors seeking tax-advantaged income, the fund is listed on the New York Stock Exchange and is managed by Nuveen’s municipal fixed-income team. It draws on Nuveen’s longstanding expertise in the municipal bond market to construct a portfolio aligned with its stated objectives.

The fund’s primary objective is to provide a high level of current income exempt from federal and New Jersey personal income taxes.