Nuveen Municipal Income Fund Inc. (NYSE:NMI) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Investors of record on Friday, December 13th will be paid a dividend of 0.0717 per share on Tuesday, December 31st. This represents a $0.86 dividend on an annualized basis and a yield of 7.53%. The ex-dividend date is Thursday, December 12th. This is a positive change from Nuveen Municipal Income Fund’s previous monthly dividend of $0.04.
NYSE:NMI traded up $0.08 during trading hours on Wednesday, reaching $11.42. The company had a trading volume of 9,781 shares, compared to its average volume of 13,579. Nuveen Municipal Income Fund has a 1-year low of $9.95 and a 1-year high of $12.00. The business’s 50 day moving average price is $11.33 and its 200-day moving average price is $11.34.
About Nuveen Municipal Income Fund
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