Nuveen Minnesota Quality Municipal Income Fund (NMS) to Issue Monthly Dividend of $0.06 on December 1st

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) announced a monthly dividend on Monday, November 2nd. Shareholders of record on Friday, November 13th will be paid a dividend of $0.0630 per share on Tuesday, December 1st. This represents a $0.76 dividend on an annualized basis and a yield of 7.2%. The ex-dividend date of this dividend is Friday, November 13th.

Nuveen Minnesota Quality Municipal Income Fund Stock Down 0.5%

NYSE:NMS opened at $10.43 on Wednesday. Nuveen Minnesota Quality Municipal Income Fund has a fifty-two week low of $9.48 and a fifty-two week high of $12.50. The stock’s 50-day moving average is $10.27 and its two-hundred day moving average is $11.59.

Nuveen Minnesota Quality Municipal Income Fund Company Profile

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) is a closed-end management investment company that seeks to provide current income exempt from regular federal and Minnesota state income taxes. The fund invests primarily in municipal bonds and other tax-exempt securities issued by the state of Minnesota, its municipalities, counties, school districts and other governmental entities.

The fund’s portfolio may include investment-grade municipal securities and other public-purpose debt used to finance infrastructure and essential services, such as education, transportation, utilities and health care.