Nuveen Connecticut Premium Income Mun Fd (NTC) to Issue Monthly Dividend of $0.04
Nuveen Connecticut Premium Income Mun Fd (NYSE:NTC) announced a monthly dividend on Thursday, December 6th, Wall Street Journal reports. Shareholders of record on Friday, December 14th will be paid a dividend of 0.041 per share by the investment management company on Monday, December 31st. This represents a $0.49 annualized dividend and a yield of 4.35%. The ex-dividend date of this dividend is Thursday, December 13th.
Nuveen Connecticut Premium Income Mun Fd has decreased its dividend by an average of 6.0% per year over the last three years.
Shares of Nuveen Connecticut Premium Income Mun Fd stock opened at $11.31 on Friday. Nuveen Connecticut Premium Income Mun Fd has a 1-year low of $11.01 and a 1-year high of $12.21.
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Nuveen Connecticut Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of Connecticut. The fund invests into undervalued municipal securities and other related investments the income from which is exempt from regular federal and Connecticut income taxes.
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