Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ) Announces Monthly Dividend of $0.06

Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ) 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 0.0619 per share on Tuesday, December 31st. This represents a $0.74 dividend on an annualized basis and a dividend yield of 5.10%. The ex-dividend date is Thursday, December 12th. This is a boost from Nuveen New Jersey Dividend Advantg Mncpl’s previous monthly dividend of $0.05.

Shares of Nuveen New Jersey Dividend Advantg Mncpl stock traded up $0.07 during midday trading on Wednesday, reaching $14.56. The company had a trading volume of 33,953 shares, compared to its average volume of 55,563. The stock has a fifty day simple moving average of $14.46 and a 200 day simple moving average of $14.38. Nuveen New Jersey Dividend Advantg Mncpl has a 1-year low of $12.54 and a 1-year high of $14.82.

About Nuveen New Jersey Dividend Advantg Mncpl

Nuveen New Jersey 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 New Jersey. The fund invests in undervalued municipal securities and other related investments that are, exempt from regular federal and New Jersey income taxes that are rated Baa or BBB or better.

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Dividend History for Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ)

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