Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP) Declares Monthly Dividend of $0.08

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Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP - Get Free Report) declared a monthly dividend on Monday, June 3rd, Wall Street Journal reports. Shareholders of record on Friday, June 14th will be given a dividend of 0.078 per share by the financial services provider on Monday, July 1st. This represents a $0.94 annualized dividend and a yield of 7.91%. The ex-dividend date of this dividend is Friday, June 14th. This is an increase from Nuveen Pennsylvania Quality Municipal Income Fund's previous monthly dividend of $0.05.

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Nuveen Pennsylvania Quality Municipal Income Fund has decreased its dividend by an average of 17.6% annually over the last three years and has raised its dividend every year for the last 1 years.

Nuveen Pennsylvania Quality Municipal Income Fund Stock Performance

Shares of NQP stock traded up $0.04 during mid-day trading on Wednesday, hitting $11.84. 55,903 shares of the stock traded hands, compared to its average volume of 52,723. The stock's fifty day moving average is $11.68 and its two-hundred day moving average is $11.59. Nuveen Pennsylvania Quality Municipal Income Fund has a 52-week low of $9.65 and a 52-week high of $12.03.

Insider Buying and Selling at Nuveen Pennsylvania Quality Municipal Income Fund

In other Nuveen Pennsylvania Quality Municipal Income Fund news, major shareholder Saba Capital Management, L.P. acquired 10,171 shares of the firm's stock in a transaction dated Thursday, March 7th. The stock was purchased at an average price of $11.78 per share, for a total transaction of $119,814.38. Following the acquisition, the insider now owns 4,783,383 shares in the company, valued at approximately $56,348,251.74. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders bought a total of 193,138 shares of company stock worth $2,265,603 over the last three months. Corporate insiders own 1.00% of the company's stock.

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About Nuveen Pennsylvania Quality Municipal Income Fund

(Get Free Report)

Nuveen Pennsylvania Quality Municipal 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 Pennsylvania. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.

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Dividend History for Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP)

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