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

Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be paid a dividend of 0.073 per share on Monday, March 3rd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 7.63%. The ex-dividend date is Friday, February 14th.

Nuveen AMT-Free Quality Municipal Income Fund has raised its dividend payment by an average of 2.1% per year over the last three years.

Nuveen AMT-Free Quality Municipal Income Fund Price Performance

Nuveen AMT-Free Quality Municipal Income Fund stock traded up $0.07 during midday trading on Tuesday, hitting $11.49. 759,181 shares of the company’s stock were exchanged, compared to its average volume of 956,135. The stock has a 50-day moving average price of $11.42 and a two-hundred day moving average price of $11.59. Nuveen AMT-Free Quality Municipal Income Fund has a 52-week low of $10.53 and a 52-week 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.