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

Key Points

• Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP) announced a monthly dividend of $0.08 per share, payable on September 2nd to stockholders of record as of August 15th.
• The fund's annualized dividend yield stands at 8.6%, reflecting strong returns for investors in tax-exempt municipal bonds.
• As of the last trading session, shares of NQP remained stable at $10.93, with a twelve-month price range between $10.65 and $12.89.

Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP - Get Free Report) announced a monthly dividend on Monday, August 4th, Wall Street Journal reports. Stockholders of record on Friday, August 15th will be given a dividend of 0.078 per share by the financial services provider on Tuesday, September 2nd. This represents a c) annualized dividend and a dividend yield of 8.5%. The ex-dividend date is Friday, August 15th.

Nuveen Pennsylvania Quality Municipal Income Fund Stock Performance

Shares of NQP stock traded up $0.04 on Wednesday, hitting $11.03. The stock had a trading volume of 60,328 shares, compared to its average volume of 81,358. The business has a 50 day moving average of $11.01 and a 200 day moving average of $11.23. Nuveen Pennsylvania Quality Municipal Income Fund has a 12-month low of $10.65 and a 12-month high of $12.89.

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.