Nuveen Intermediate Duration Qlty Mun FD (NYSE:NIQ) declared a monthly dividend on Thursday, November 1st, NASDAQ reports. Investors of record on Thursday, November 15th will be given a dividend of 0.03 per share on Monday, December 3rd. This represents a $0.36 annualized dividend and a yield of 2.98%. The ex-dividend date of this dividend is Wednesday, November 14th.
Nuveen Intermediate Duration Qlty Mun FD has decreased its dividend payment by an average of 6.5% annually over the last three years.
NYSE:NIQ traded up $0.04 during mid-day trading on Friday, hitting $12.09. The company’s stock had a trading volume of 201 shares, compared to its average volume of 26,285. Nuveen Intermediate Duration Qlty Mun FD has a fifty-two week low of $11.81 and a fifty-two week high of $13.23.
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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