Nuveen California Quality Municipal Income Fund (NYSE:NAC) Declares $0.07 Monthly Dividend

Nuveen California Quality Municipal Income Fund (NYSE:NAC) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.0735 per share on Monday, March 3rd. This represents a $0.88 annualized dividend and a dividend yield of 7.70%. The ex-dividend date is Friday, February 14th.

Nuveen California Quality Municipal Income Fund has increased its dividend by an average of 4.6% annually over the last three years.

Nuveen California Quality Municipal Income Fund Stock Performance

NAC stock traded up $0.08 on Tuesday, reaching $11.46. The company’s stock had a trading volume of 539,859 shares, compared to its average volume of 445,712. The business has a fifty day simple moving average of $11.38 and a two-hundred day simple moving average of $11.58. Nuveen California Quality Municipal Income Fund has a 12-month low of $10.60 and a 12-month high of $12.03.

About Nuveen California Quality Municipal Income Fund

Nuveen California 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 California, United States. The fund invests in undervalued municipal securities and other related investments that are exempt from regular federal and California income taxes.