Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ) announced a monthly dividend on Monday, February 5th, Wall Street Journal reports. Stockholders of record on Thursday, February 15th will be paid a dividend of 0.058 per share on Thursday, March 1st. This represents a $0.70 annualized dividend and a dividend yield of 5.27%. The ex-dividend date is Wednesday, February 14th.
Nuveen New Jersey Dividend Advantg Mncpl has raised its dividend payment by an average of 1.0% per year over the last three years.
Nuveen New Jersey Dividend Advantg Mncpl (NYSE:NXJ) traded up $0.03 on Monday, reaching $13.21. The company had a trading volume of 95,730 shares, compared to its average volume of 101,542. Nuveen New Jersey Dividend Advantg Mncpl has a 12-month low of $12.95 and a 12-month high of $14.04.
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About Nuveen New Jersey Dividend Advantg Mncpl
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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