Nuveen Intermediate Duration Munpl Tm Fd (NID) Announces Monthly Dividend of $0.04
Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID) announced a monthly dividend on Monday, December 3rd, NASDAQ reports. Stockholders of record on Friday, December 14th will be given a dividend of 0.043 per share by the investment management company on Monday, December 31st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date is Thursday, December 13th.
Nuveen Intermediate Duration Munpl Tm Fd has decreased its dividend payment by an average of 2.3% per year over the last three years and has raised its dividend every year for the last 2 years.
Shares of NID traded up $0.06 during midday trading on Friday, reaching $12.52. 95,281 shares of the stock were exchanged, compared to its average volume of 94,518. Nuveen Intermediate Duration Munpl Tm Fd has a twelve month low of $11.99 and a twelve month high of $13.41.
About Nuveen Intermediate Duration Munpl Tm Fd
Nuveen Intermediate Duration Municipal Term Fund is a close 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 fixed income markets of the United States. The fund primarily invests in municipal securities that are exempt from federal income taxes.
Further Reading: Different Types of Derivatives
Receive News & Ratings for Nuveen Intermediate Duration Munpl Tm Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Intermediate Duration Munpl Tm Fd and related companies with MarketBeat.com's FREE daily email newsletter.