Nuveen Dividend Advantage Municipal Fund (NAD) Receiving Favorable Press Coverage, Accern Reports
Media coverage about Nuveen Dividend Advantage Municipal Fund (NYSE:NAD) has been trending positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Nuveen Dividend Advantage Municipal Fund earned a daily sentiment score of 0.34 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 48.1343771457489 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of Nuveen Dividend Advantage Municipal Fund (NAD) opened at 14.15 on Friday. The firm has a 50-day moving average price of $14.19 and a 200 day moving average price of $13.92. Nuveen Dividend Advantage Municipal Fund has a 12-month low of $13.19 and a 12-month high of $15.95.
The company also recently disclosed a monthly dividend, which will be paid on Friday, September 1st. Stockholders of record on Tuesday, August 15th will be paid a $0.064 dividend. This represents a $0.77 dividend on an annualized basis and a dividend yield of 5.43%. The ex-dividend date of this dividend is Friday, August 11th.
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Nuveen Dividend Advantage Municipal Fund Company Profile
Nuveen Quality Municipal Income Fund is a diversified, closed-end management investment company. The Fund seeks to provide current income exempt from regular federal income tax and to enhance portfolio value. The Fund invests in municipal securities that are exempt from federal income taxes. The Fund’s portfolio of investments includes investments in various sectors, such as transportation, healthcare, tax obligation/limited, the United States guaranteed, tax obligation/general, utilities, education and civic organizations, water and sewer, consumer staples, industrials and other.
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