Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) to Issue Monthly Dividend of $0.06

Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.062 per share by the investment management company on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Tuesday, September 15th.

Nuveen Arizona Quality Municipal Income Fund Trading Up 0.3%

Shares of NYSE:NAZ traded up $0.04 during trading on Wednesday, reaching $12.26. 2,751 shares of the company traded hands, compared to its average volume of 24,002. The firm has a fifty day simple moving average of $12.41 and a 200 day simple moving average of $12.48. Nuveen Arizona Quality Municipal Income Fund has a 1-year low of $11.62 and a 1-year high of $13.42.

About Nuveen Arizona Quality Municipal Income Fund

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.