Nuveen Taxable Municipal Income Fund (NYSE:NBB) Declares $0.09 Monthly Dividend

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Nuveen Taxable Municipal Income Fund (NYSE:NBB) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Investors of record on Friday, December 13th will be given a dividend of 0.0925 per share on Tuesday, December 31st. This represents a $1.11 dividend on an annualized basis and a yield of 5.08%. The ex-dividend date of this dividend is Thursday, December 12th.

NYSE:NBB traded down $0.02 during midday trading on Wednesday, reaching $21.86. 49,970 shares of the stock traded hands, compared to its average volume of 88,002. The company has a fifty day moving average of $21.62 and a 200 day moving average of $21.63. Nuveen Taxable Municipal Income Fund has a 12 month low of $18.88 and a 12 month high of $22.98.

Nuveen Taxable Municipal Income Fund Company Profile

Nuveen Taxable 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 the United States. The fund also invests some portion of its portfolio in derivative instruments.

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Dividend History for Nuveen Taxable Municipal Income Fund (NYSE:NBB)

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