Nuveen Multi-Market Income Fund (NYSE:JMM) Plans $0.03 Monthly Dividend

Nuveen Multi-Market Income Fund (NYSE:JMM) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Investors of record on Wednesday, May 15th will be given a dividend of 0.0275 per share on Monday, June 3rd. This represents a $0.33 annualized dividend and a yield of 5.52%. The ex-dividend date of this dividend is Tuesday, May 14th.

Nuveen Multi-Market Income Fund has raised its dividend by an average of 0.8% per year over the last three years.

Nuveen Multi-Market Income Fund Stock Up 1.2 %

NYSE:JMM traded up $0.07 during trading hours on Friday, reaching $5.98. 10,534 shares of the stock were exchanged, compared to its average volume of 12,831. Nuveen Multi-Market Income Fund has a twelve month low of $5.29 and a twelve month high of $6.12. The business has a 50-day moving average of $5.97 and a two-hundred day moving average of $5.84.

Nuveen Multi-Market Income Fund Company Profile

Nuveen Multi-Market Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors.