Nuveen Arizona Quality Municipal Income Fund (NAZ) to Issue Monthly Dividend of $0.07 on December 2nd

Nuveen Arizona Quality Municipal Income Fund (NYSE:NAZ) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be given a dividend of 0.0725 per share by the investment management company on Monday, December 2nd. This represents a $0.87 annualized dividend and a yield of 7.17%. The ex-dividend date is Friday, November 15th.

Nuveen Arizona Quality Municipal Income Fund has decreased its dividend payment by an average of 11.4% per year over the last three years.

Nuveen Arizona Quality Municipal Income Fund Stock Performance

NAZ traded up $0.01 on Wednesday, hitting $12.13. 8,000 shares of the company were exchanged, compared to its average volume of 25,382. Nuveen Arizona Quality Municipal Income Fund has a 12 month low of $9.88 and a 12 month high of $13.33. The stock’s fifty day moving average is $11.78 and its 200-day moving average is $11.43.

About Nuveen Arizona Quality Municipal Income Fund

Nuveen Arizona Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is managed by Nuveen Asset Management, LLC. It invests in the fixed income markets of Arizona. The fund invests in municipal securities and other related investments the income, exempt from regular federal and Arizona income taxes that are rated Baa or BBB or better and having an average maturity of 18.66 years.