Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) Plans Monthly Dividend of $0.07

Nuveen Minnesota Quality Municipal Income Fund (NYSE:NMS) announced a monthly dividend on Friday, May 1st. Shareholders of record on Friday, May 15th will be paid a dividend of 0.0665 per share on Monday, June 1st. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend is Friday, May 15th.

Nuveen Minnesota Quality Municipal Income Fund Stock Down 0.2%

Shares of Nuveen Minnesota Quality Municipal Income Fund stock traded down $0.02 on Wednesday, hitting $12.42. The stock had a trading volume of 2,232 shares, compared to its average volume of 15,580. Nuveen Minnesota Quality Municipal Income Fund has a one year low of $11.07 and a one year high of $12.49. The stock’s 50-day simple moving average is $12.11 and its two-hundred day simple moving average is $12.00.

About Nuveen Minnesota Quality Municipal Income Fund

Nuveen Minnesota Quality Municipal Income Fund (NYSE: NMS) is a closed-end investment company managed by Nuveen, a global asset manager specializing in fixed income and tax-advantaged strategies. The fund’s primary objective is to provide current income exempt from federal and Minnesota state personal income taxes by investing predominantly in municipal securities issued by entities located in or serving the state of Minnesota.

The fund’s portfolio is concentrated in investment-grade general obligation and revenue bonds that finance public projects such as schools, transportation infrastructure, and utilities throughout Minnesota.