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

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.073 per share on Tuesday, December 31st. This represents a $0.88 annualized dividend and a dividend yield of 7.36%. The ex-dividend date is Friday, December 13th.

Nuveen AMT-Free Quality Municipal Income Fund has decreased its dividend payment by an average of 13.5% per year over the last three years.

Nuveen AMT-Free Quality Municipal Income Fund Stock Performance

Shares of Nuveen AMT-Free Quality Municipal Income Fund stock remained flat at $11.90 during trading on Tuesday. 1,043,478 shares of the stock traded hands, compared to its average volume of 892,298. The business’s 50-day simple moving average is $11.72 and its 200-day simple moving average is $11.54. Nuveen AMT-Free Quality Municipal Income Fund has a 1-year low of $10.53 and a 1-year high of $12.06.

About Nuveen AMT-Free Quality Municipal Income Fund

Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax.