Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) to Issue Monthly Dividend of $0.07

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) announced a monthly dividend on Monday, August 3rd. Investors of record on Friday, August 14th will be given a dividend of 0.068 per share on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date of this dividend is Friday, August 14th.

Nuveen AMT-Free Quality Municipal Income Fund Price Performance

NYSE:NEA opened at $11.26 on Tuesday. Nuveen AMT-Free Quality Municipal Income Fund has a 1-year low of $10.76 and a 1-year high of $11.90. The business’s 50-day moving average price is $11.52 and its two-hundred day moving average price is $11.54.

Nuveen AMT-Free Quality Municipal Income Fund Company Profile

Nuveen AMT-Free Quality Municipal Income Fund (NYSE: NEA) is a closed-end management investment company that seeks to provide high current income exempt from federal alternative minimum tax. The fund primarily invests in a diversified portfolio of investment-grade municipal bonds, focusing on securities that enjoy strong credit quality and are issued by states, municipalities and public authorities across the United States.

In constructing its portfolio, NEA emphasizes bonds that are rated investment grade by one or more major rating agencies, with an aim to balance income generation and risk management.