Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) to Issue Dividend Increase – $0.05 Per Share

Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA) declared a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.0535 per share on Tuesday, December 31st. This represents a $0.64 annualized dividend and a yield of 4.51%. The ex-dividend date is Thursday, December 12th. This is an increase from Nuveen Amt-Free Quality Municpl Incm Fnd’s previous monthly dividend of $0.01.

NEA traded up $0.05 during trading on Wednesday, hitting $14.22. 474,172 shares of the company’s stock were exchanged, compared to its average volume of 486,284. The business’s 50 day moving average is $14.12 and its two-hundred day moving average is $14.03. Nuveen Amt-Free Quality Municpl Incm Fnd has a fifty-two week low of $12.18 and a fifty-two week high of $14.45.

In other Nuveen Amt-Free Quality Municpl Incm Fnd news, insider Morris Ian 400,000 shares of Nuveen Amt-Free Quality Municpl Incm Fnd stock in a transaction on Friday, October 25th. Also, insider Newman Robert 812,101 shares of Nuveen Amt-Free Quality Municpl Incm Fnd stock in a transaction on Friday, November 15th.

About Nuveen Amt-Free Quality Municpl Incm Fnd

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.

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Dividend History for Nuveen Amt-Free Quality Municpl Incm Fnd (NYSE:NEA)

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