Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) Announces $0.06 Monthly Dividend

Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) declared a monthly dividend on Monday, August 3rd. Shareholders of record on Friday, August 14th will be given a dividend of 0.062 per share by the investment management company on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Friday, August 14th.

Nuveen Arizona Quality Municipal Income Fund Price Performance

Shares of NYSE:NAZ opened at $12.22 on Tuesday. Nuveen Arizona Quality Municipal Income Fund has a 52 week low of $11.62 and a 52 week high of $13.42. The company’s 50 day moving average is $12.63 and its two-hundred day moving average is $12.43.

Nuveen Arizona Quality Municipal Income Fund Company Profile

Nuveen Arizona Quality Municipal Income Fund (NYSE: NAZ) is a closed-end management investment company that seeks to provide shareholders with a high level of current income that is exempt from regular U.S. federal income tax. Managed by Nuveen Asset Management, the fund focuses on investment-grade municipal obligations issued by or on behalf of entities located in the state of Arizona. Its portfolio typically includes general obligation bonds, revenue bonds and essential-purpose municipal securities backed by state and local governments and quasi-governmental agencies.

The fund employs fundamental credit analysis to select bonds that meet rigorous quality standards, aiming to preserve principal while generating tax-advantaged income.