Nuveen Municipal Income Fund, Inc. (NYSE:NMI - Get Free Report) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be paid a dividend of 0.038 per share on Tuesday, April 1st. This represents a $0.46 dividend on an annualized basis and a yield of 4.64%. The ex-dividend date of this dividend is Friday, March 14th.
Nuveen Municipal Income Fund has increased its dividend payment by an average of 6.6% per year over the last three years.
Nuveen Municipal Income Fund Stock Performance
NYSE NMI traded up $0.01 during mid-day trading on Friday, reaching $9.82. 11,536 shares of the stock were exchanged, compared to its average volume of 23,105. The business's 50 day moving average is $9.73 and its 200-day moving average is $9.79. Nuveen Municipal Income Fund has a 1 year low of $9.11 and a 1 year high of $10.30.
Nuveen Municipal Income Fund Company Profile
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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.
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