Nuveen Ohio Quality Municipal Income Fund (NYSE:NUO) Declares $0.05 Monthly Dividend

Nuveen Ohio Quality Municipal Income Fund (NYSE:NUO) announced a monthly dividend on Wednesday, January 5th, Wall Street Journal reports. Stockholders of record on Friday, January 14th will be paid a dividend of 0.049 per share by the asset manager on Tuesday, February 1st. This represents a $0.59 dividend on an annualized basis and a dividend yield of 3.70%. The ex-dividend date of this dividend is Thursday, January 13th.

Nuveen Ohio Quality Municipal Income Fund has increased its dividend by 1.5% over the last three years.

Shares of NUO opened at $15.90 on Wednesday. Nuveen Ohio Quality Municipal Income Fund has a fifty-two week low of $14.97 and a fifty-two week high of $16.85. The business has a 50 day simple moving average of $16.02.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Morgan Stanley increased its stake in shares of Nuveen Ohio Quality Municipal Income Fund by 2.3% in the third quarter. Morgan Stanley now owns 317,234 shares of the asset manager’s stock worth $5,028,000 after buying an additional 7,239 shares during the period. UBS Group AG increased its stake in shares of Nuveen Ohio Quality Municipal Income Fund by 5.9% in the third quarter. UBS Group AG now owns 162,922 shares of the asset manager’s stock worth $2,583,000 after buying an additional 9,059 shares during the period. Finally, Wells Fargo & Company MN increased its stake in shares of Nuveen Ohio Quality Municipal Income Fund by 1.3% in the second quarter. Wells Fargo & Company MN now owns 145,160 shares of the asset manager’s stock worth $2,376,000 after buying an additional 1,844 shares during the period.

About Nuveen Ohio Quality Municipal Income Fund

Nuveen Ohio 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 Ohio. The fund invests in tax exempt municipal bonds.

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Dividend History for Nuveen Ohio Quality Municipal Income Fund (NYSE:NUO)

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