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

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

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

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

Shares of NYSE:NEA traded up $0.03 on Thursday, hitting $11.56. The stock had a trading volume of 142,872 shares, compared to its average volume of 894,175. The firm’s 50 day moving average price is $11.75 and its 200-day moving average price is $11.45. Nuveen AMT-Free Quality Municipal Income Fund has a twelve month low of $10.24 and a twelve month high of $12.06.

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.