Nuveen New Jersey Quality Municipal Income Fund (NYSE:NXJ) Announces Monthly Dividend of $0.05

Nuveen New Jersey Quality Municipal Income Fund (NYSE:NXJGet Rating) declared a monthly dividend on Monday, May 2nd, Zacks reports. Investors of record on Friday, May 13th will be paid a dividend of 0.054 per share on Wednesday, June 1st. This represents a $0.65 dividend on an annualized basis and a yield of 5.23%. The ex-dividend date of this dividend is Thursday, May 12th.

Shares of NXJ stock opened at $12.40 on Tuesday. The stock has a fifty day moving average price of $13.03. Nuveen New Jersey Quality Municipal Income Fund has a 1 year low of $12.35 and a 1 year high of $15.95.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Morgan Stanley raised its stake in shares of Nuveen New Jersey Quality Municipal Income Fund by 3.2% during the 3rd quarter. Morgan Stanley now owns 197,024 shares of the company’s stock valued at $3,040,000 after buying an additional 6,155 shares during the last quarter. UBS Group AG raised its stake in shares of Nuveen New Jersey Quality Municipal Income Fund by 17.6% during the 3rd quarter. UBS Group AG now owns 75,418 shares of the company’s stock valued at $1,163,000 after buying an additional 11,268 shares during the last quarter. LPL Financial LLC raised its stake in shares of Nuveen New Jersey Quality Municipal Income Fund by 10.0% during the 4th quarter. LPL Financial LLC now owns 54,603 shares of the company’s stock valued at $840,000 after buying an additional 4,942 shares during the last quarter. NewEdge Advisors LLC purchased a new position in shares of Nuveen New Jersey Quality Municipal Income Fund during the 4th quarter valued at about $219,000. Finally, MML Investors Services LLC raised its stake in shares of Nuveen New Jersey Quality Municipal Income Fund by 11.9% during the 4th quarter. MML Investors Services LLC now owns 11,338 shares of the company’s stock valued at $174,000 after buying an additional 1,203 shares during the last quarter.

Nuveen New Jersey Quality Municipal Income Fund Company Profile (Get Rating)

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 Quality Municipal Income Fund (NYSE:NXJ)

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