Nuveen New Jersey Dividend Adv (NYSE:NXJ) declared a monthly dividend on Wednesday, May 2nd, Wall Street Journal reports. Investors of record on Tuesday, May 15th will be given a dividend of 0.058 per share on Friday, June 1st. This represents a $0.70 annualized dividend and a dividend yield of 5.37%. The ex-dividend date is Monday, May 14th.
Nuveen New Jersey Dividend Adv has raised its dividend by an average of 1.0% annually over the last three years.
Shares of Nuveen New Jersey Dividend Adv traded down $0.01, hitting $12.97, during midday trading on Thursday, according to MarketBeat.com. The stock had a trading volume of 1,310 shares, compared to its average volume of 88,535. Nuveen New Jersey Dividend Adv has a fifty-two week low of $12.99 and a fifty-two week high of $13.00.
About Nuveen New Jersey Dividend Adv
Nuveen New Jersey Quality Municipal Income Fund, formerly Nuveen New Jersey Dividend Advantage Municipal Fund, is a diversified, closed-end management investment fund. The Fund’s investment objective is to provide current income exempt from both regular federal and New Jersey income taxes by investing in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain the United States territories.
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