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Nuveen Municipal Income Fund, Inc. (NYSE:NMI) Plans Monthly Dividend of $0.04

Nuveen Municipal Income Fund logo with Finance background

Nuveen Municipal Income Fund, Inc. (NYSE:NMI - Get Free Report) declared a monthly dividend on Thursday, July 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, July 15th will be paid a dividend of 0.038 per share on Friday, August 1st. This represents a $0.46 annualized dividend and a dividend yield of 4.57%. The ex-dividend date of this dividend is Tuesday, July 15th.

Nuveen Municipal Income Fund Stock Down 0.4%

Shares of NMI traded down $0.04 during trading hours on Friday, reaching $9.98. The stock had a trading volume of 10,557 shares, compared to its average volume of 26,929. Nuveen Municipal Income Fund has a 12 month low of $9.21 and a 12 month high of $10.30. The company's 50-day moving average is $9.84 and its two-hundred day moving average is $9.75.

Nuveen Municipal Income Fund Company Profile

(Get Free Report)

Nuveen Municipal Income Fund, Inc 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 the United States. The fund primarily invests in municipal obligations issued by state and local government authorities.

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Dividend History for Nuveen Municipal Income Fund (NYSE:NMI)

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