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

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.073 per share on Tuesday, December 31st. This represents a $0.88 annualized dividend and a dividend yield of 7.36%. The ex-dividend date of this dividend is Friday, December 13th.

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 Performance

NEA stock remained flat at $11.90 during trading on Tuesday. The company’s stock had a trading volume of 1,043,478 shares, compared to its average volume of 892,298. The company has a 50-day moving average price of $11.72 and a two-hundred day moving average price of $11.54. Nuveen AMT-Free Quality Municipal Income Fund has a 1-year low of $10.53 and a 1-year high of $12.06.

Nuveen AMT-Free Quality Municipal Income Fund Company Profile

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.