Nuveen AMT-Free Quality Municipal Income Fund Declares Monthly Dividend of $0.068 per Share
The Nuveen AMT-Free Quality Municipal Income Fund (NYSE: NEA) has announced a monthly dividend of $0.068 per share, resulting in an annualized forward yield of approximately 8.14%. The dividend is payable on November 2 to shareholders who owned the stock as of October 15; shares will trade ex-dividend starting that same date. This declaration reflects a consistent income strategy for investors seeking municipal bond exposure without Alternative Minimum Tax (AMT) implications, which aligns with NEA's focus. The fund is one of five Nuveen funds undergoing name changes as part of an ongoing rebranding initiative. The dividend announcement may attract income-focused investors looking to capitalize on the high yield in a low-interest-rate environment.
Tickers: $NEA
Topics: dividends municipal bonds nuveen