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

Key Points

• Dividend: Nuveen Pennsylvania Quality Municipal Income Fund declared a monthly dividend of $0.078 per share, payable May 1 to holders of record April 15, with an annualized yield of 7.7% (ex-dividend date April 15).
• Share performance: NQP recently traded at $12.11 (down $0.02) on light volume (10,441 shares vs. average 135,284), with a 50‑day SMA of $11.94, 200‑day SMA of $12.00 and a 12‑month range of $10.72–$12.23.
• Fund focus: The closed-end fund seeks tax-exempt income by investing primarily (80% policy) in investment‑grade municipal securities issued by Pennsylvania state and local governments, emphasizing general obligation and revenue‑secured bonds.

Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP - Get Free Report) announced a monthly dividend on Wednesday, April 1st. Investors of record on Wednesday, April 15th will be paid a dividend of 0.078 per share by the financial services provider on Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date is Wednesday, April 15th.

Nuveen Pennsylvania Quality Municipal Income Fund Price Performance

NQP stock traded down $0.02 during trading on Monday, reaching $12.11. 10,441 shares of the company traded hands, compared to its average volume of 135,284. The business has a 50 day simple moving average of $11.94 and a 200 day simple moving average of $12.00. Nuveen Pennsylvania Quality Municipal Income Fund has a 12 month low of $10.72 and a 12 month high of $12.23.

About Nuveen Pennsylvania Quality Municipal Income Fund

Nuveen Pennsylvania Quality Municipal Income Fund NYSE: NQP is a closed-end management investment company that seeks to provide a high level of current income exempt from federal and Pennsylvania state income taxes. Launched in the early 1980s, the Fund primarily invests in investment-grade municipal securities issued by state and local government entities within Pennsylvania, targeting bonds that finance public infrastructure, healthcare facilities, educational institutions and utility projects.

Under its 80% asset policy, the Fund allocates the majority of its portfolio to bonds rated ‘BBB' or higher, emphasizing general obligation and revenue-secured municipal debt.

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