Nuveen Intermediate Duration Qlty Mun FD (NYSE:NIQ) Increases Dividend to $0.03 Per Share

Nuveen Intermediate Duration Qlty Mun FD (NYSE:NIQ) declared a monthly dividend on Thursday, January 2nd, Zacks reports. Shareholders of record on Wednesday, January 15th will be paid a dividend of 0.032 per share on Monday, February 3rd. This represents a $0.38 dividend on an annualized basis and a yield of 2.74%. The ex-dividend date of this dividend is Tuesday, January 14th. This is a positive change from Nuveen Intermediate Duration Qlty Mun FD’s previous monthly dividend of $0.03.

Nuveen Intermediate Duration Qlty Mun FD has decreased its dividend by an average of 11.3% per year over the last three years.

Shares of Nuveen Intermediate Duration Qlty Mun FD stock traded up $0.03 on Friday, reaching $14.00. 11,044 shares of the stock were exchanged, compared to its average volume of 22,149. Nuveen Intermediate Duration Qlty Mun FD has a 1-year low of $12.60 and a 1-year high of $14.00. The business has a fifty day moving average price of $13.86 and a two-hundred day moving average price of $13.66.

About Nuveen Intermediate Duration Qlty Mun FD

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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Dividend History for Nuveen Intermediate Duration Qlty Mun FD (NYSE:NIQ)

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