Nuveen Taxable Municipal Income Fund (NYSE:NBB – Get Free Report) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be paid a dividend of 0.0965 per share on Monday, December 2nd. This represents a $1.16 dividend on an annualized basis and a yield of 7.26%. The ex-dividend date is Friday, November 15th.
Nuveen Taxable Municipal Income Fund has increased its dividend by an average of 6.0% per year over the last three years.
Nuveen Taxable Municipal Income Fund Price Performance
NBB stock traded down $0.10 during trading on Wednesday, hitting $15.95. 46,835 shares of the company’s stock traded hands, compared to its average volume of 75,418. Nuveen Taxable Municipal Income Fund has a 52 week low of $14.52 and a 52 week high of $17.31. The business has a fifty day simple moving average of $16.47 and a 200 day simple moving average of $15.90.
Nuveen Taxable Municipal Income Fund Company Profile
Nuveen Taxable 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 the United States. The fund also invests some portion of its portfolio in derivative instruments.
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