Nuveen Dividend Advantage Municipal Fund (NAD) To Go Ex-Dividend on October 12th

Nuveen Dividend Advantage Municipal Fund (NYSE:NAD) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Stockholders of record on Friday, October 13th will be paid a dividend of 0.06 per share by the financial services provider on Wednesday, November 1st. This represents a $0.72 annualized dividend and a dividend yield of 5.09%. The ex-dividend date of this dividend is Thursday, October 12th.

Nuveen Dividend Advantage Municipal Fund has decreased its dividend by an average of 3.3% annually over the last three years.

Nuveen Dividend Advantage Municipal Fund (NYSE:NAD) traded down 0.078% during trading on Wednesday, reaching $14.129. 89,525 shares of the company were exchanged. Nuveen Dividend Advantage Municipal Fund has a 12 month low of $13.19 and a 12 month high of $14.50. The stock has a 50 day moving average price of $14.28 and a 200 day moving average price of $14.09.

A hedge fund recently raised its stake in Nuveen Dividend Advantage Municipal Fund stock. The Manufacturers Life Insurance Company raised its holdings in shares of Nuveen Dividend Advantage Municipal Fund (NYSE:NAD) by 5,157.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,939 shares of the financial services provider’s stock after acquiring an additional 7,788 shares during the quarter. The Manufacturers Life Insurance Company ‘s holdings in Nuveen Dividend Advantage Municipal Fund were worth $111,000 as of its most recent filing with the Securities and Exchange Commission.

TRADEMARK VIOLATION WARNING: This report was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this report on another domain, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The correct version of this report can be viewed at https://ledgergazette.com/2017/10/11/nuveen-dividend-advantage-municipal-fund-nad-to-go-ex-dividend-on-october-12th.html.

About Nuveen Dividend Advantage Municipal Fund

Nuveen Quality Municipal Income Fund is a diversified, closed-end management investment company. The Fund seeks to provide current income exempt from regular federal income tax and to enhance portfolio value. The Fund invests in municipal securities that are exempt from federal income taxes. The Fund’s portfolio of investments includes investments in various sectors, such as transportation, healthcare, tax obligation/limited, the United States guaranteed, tax obligation/general, utilities, education and civic organizations, water and sewer, consumer staples, industrials and other.

Dividend History for Nuveen Dividend Advantage Municipal Fund (NYSE:NAD)NYSE:NAD) traded down 0.078% during trading on Wednesday, reaching $14.129. 89,525 shares of the company were exchanged. Nuveen Dividend Advantage Municipal Fund has a 12 month low of $13.19 and a 12 month high of $14.50. The stock has a 50 day moving average price of $14.28 and a 200 day moving average price of $14.09.

A hedge fund recently raised its stake in Nuveen Dividend Advantage Municipal Fund stock. The Manufacturers Life Insurance Company raised its holdings in shares of Nuveen Dividend Advantage Municipal Fund (NYSE:NAD) by 5,157.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,939 shares of the financial services provider’s stock after acquiring an additional 7,788 shares during the quarter. The Manufacturers Life Insurance Company ‘s holdings in Nuveen Dividend Advantage Municipal Fund were worth $111,000 as of its most recent filing with the Securities and Exchange Commission.

TRADEMARK VIOLATION WARNING: This report was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this report on another domain, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The correct version of this report can be viewed at https://ledgergazette.com/2017/10/11/nuveen-dividend-advantage-municipal-fund-nad-to-go-ex-dividend-on-october-12th.html.

About Nuveen Dividend Advantage Municipal Fund

Nuveen Quality Municipal Income Fund is a diversified, closed-end management investment company. The Fund seeks to provide current income exempt from regular federal income tax and to enhance portfolio value. The Fund invests in municipal securities that are exempt from federal income taxes. The Fund’s portfolio of investments includes investments in various sectors, such as transportation, healthcare, tax obligation/limited, the United States guaranteed, tax obligation/general, utilities, education and civic organizations, water and sewer, consumer staples, industrials and other.

Dividend History for Nuveen Dividend Advantage Municipal Fund (NYSE:NAD)

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