Nuveen AMT-Free Quality Municipal Income Fund Announces Monthly Dividend of $0.07 (NYSE:NEA)

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be given a dividend of 0.073 per share on Monday, December 2nd. This represents a $0.88 annualized dividend and a yield of 7.58%. The ex-dividend date of this dividend is Friday, November 15th.

Nuveen AMT-Free Quality Municipal Income Fund has decreased its dividend by an average of 13.5% annually over the last three years.

Nuveen AMT-Free Quality Municipal Income Fund Stock Up 0.3 %

NEA traded up $0.03 during mid-day trading on Thursday, reaching $11.56. The stock had a trading volume of 142,872 shares, compared to its average volume of 894,175. Nuveen AMT-Free Quality Municipal Income Fund has a 52 week low of $10.24 and a 52 week high of $12.06. The firm’s fifty day simple moving average is $11.75 and its two-hundred day simple moving average is $11.45.

About Nuveen AMT-Free Quality Municipal Income Fund

Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax.