Nuveen Municipal Income Fund, Inc. (NYSE:NMI - Get Free Report) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.038 per share on Monday, December 2nd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 4.73%. The ex-dividend date is Friday, November 15th.
Nuveen Municipal Income Fund has decreased its dividend payment by an average of 2.6% per year over the last three years.
Nuveen Municipal Income Fund Trading Up 0.1 %
Nuveen Municipal Income Fund stock traded up $0.01 during midday trading on Wednesday, hitting $9.64. The stock had a trading volume of 34,896 shares, compared to its average volume of 25,727. Nuveen Municipal Income Fund has a 52-week low of $8.75 and a 52-week high of $10.30. The firm's fifty day moving average is $9.94 and its two-hundred day moving average is $9.81.
About Nuveen Municipal Income Fund
(
Get Free Report)
Nuveen Municipal Income Fund, Inc 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 primarily invests in municipal obligations issued by state and local government authorities.
Recommended Stories
Before you consider Nuveen Municipal Income Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nuveen Municipal Income Fund wasn't on the list.
While Nuveen Municipal Income Fund currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
