Nuveen California Quality Muncpl IncmFnd Declares Monthly Dividend of $0.06 (NYSE:NAC)

Nuveen California Quality Muncpl IncmFnd (NYSE:NAC) announced a monthly dividend on Friday, August 3rd, Wall Street Journal reports. Stockholders of record on Wednesday, August 15th will be given a dividend of 0.0555 per share on Tuesday, September 4th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 4.93%. The ex-dividend date is Tuesday, August 14th.

Nuveen California Quality Muncpl IncmFnd has increased its dividend payment by an average of 0.6% per year over the last three years.

Shares of NAC stock traded up $0.05 during trading hours on Friday, reaching $13.50. The company had a trading volume of 197,243 shares, compared to its average volume of 292,523. Nuveen California Quality Muncpl IncmFnd has a twelve month low of $13.18 and a twelve month high of $15.40.

A hedge fund recently raised its stake in Nuveen California Quality Muncpl IncmFnd stock. Bank of New York Mellon Corp increased its stake in Nuveen California Quality Muncpl IncmFnd (NYSE:NAC) by 9.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 42,418 shares of the company’s stock after buying an additional 3,775 shares during the quarter. Bank of New York Mellon Corp’s holdings in Nuveen California Quality Muncpl IncmFnd were worth $567,000 as of its most recent filing with the SEC.

About Nuveen California Quality Muncpl IncmFnd

Nuveen California Quality Municipal Income Fund, formerly Nuveen California Dividend Advantage Municipal Fund, is a closed-ended fund. The Fund provides investment solutions designed to help secure the long-term goals of individual investors and the advisors who serve them. It seeks current income exempt from both regular federal income taxes and California personal income tax and its secondary investment objective is the enhancement of portfolio value.

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Dividend History for Nuveen California Quality Muncpl IncmFnd (NYSE:NAC)

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