Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP) Plans $0.08 Monthly Dividend

Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be given a dividend of 0.078 per share by the financial services provider on Tuesday, December 31st. This represents a $0.94 annualized dividend and a yield of 7.78%. The ex-dividend date is Friday, December 13th.

Nuveen Pennsylvania Quality Municipal Income Fund has decreased its dividend payment by an average of 17.6% annually over the last three years.

Nuveen Pennsylvania Quality Municipal Income Fund Stock Down 0.1 %

NYSE NQP opened at $12.03 on Wednesday. Nuveen Pennsylvania Quality Municipal Income Fund has a 52 week low of $11.21 and a 52 week high of $12.89. The company has a fifty day moving average of $12.04 and a two-hundred day moving average of $12.22.

Insider Buying and Selling

In related news, major shareholder Saba Capital Management, L.P. sold 72,769 shares of the business’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $11.84, for a total transaction of $861,584.96. Following the completion of the transaction, the insider now owns 5,024,639 shares in the company, valued at $59,491,725.76. The trade was a 1.43 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders sold 143,260 shares of company stock valued at $1,702,067. Company insiders own 1.00% of the company’s stock.

Nuveen Pennsylvania Quality Municipal Income Fund Company Profile

Nuveen Pennsylvania Quality 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 Pennsylvania. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.