Nuveen Intermediate Duration Qlty Mun FD (NYSE:NIQ) declared a monthly dividend on Monday, June 3rd, NASDAQ reports. Shareholders of record on Friday, June 14th will be given a dividend of 0.032 per share on Monday, July 1st. This represents a $0.38 annualized dividend and a yield of 2.90%. The ex-dividend date of this dividend is Thursday, June 13th.
Nuveen Intermediate Duration Qlty Mun FD has decreased its dividend by an average of 9.9% per year over the last three years.
NIQ traded up $0.04 during trading on Friday, hitting $13.22. 42,321 shares of the stock were exchanged, compared to its average volume of 33,494. Nuveen Intermediate Duration Qlty Mun FD has a 1-year low of $11.81 and a 1-year high of $13.28.
Nuveen Intermediate Duration Quality Municipal Term Fund is a close 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 into public fixed income markets of the United States. The fund seeks to invest in stocks of companies that are operating across diversified sectors.
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