Nuveen Multi-Market Income Fund (NYSE:JMM) Declares Monthly Dividend of $0.03

Nuveen Multi-Market Income Fund (NYSE:JMM) declared a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Stockholders of record on Wednesday, May 15th will be paid a dividend of 0.0275 per share on Monday, June 3rd. This represents a $0.33 dividend on an annualized basis and a dividend yield of 5.52%. The ex-dividend date is Tuesday, May 14th.

Nuveen Multi-Market Income Fund has increased its dividend by an average of 0.8% per year over the last three years.

Nuveen Multi-Market Income Fund Trading Up 1.2 %

Shares of NYSE:JMM traded up $0.07 during trading hours on Friday, hitting $5.98. The company’s stock had a trading volume of 10,534 shares, compared to its average volume of 12,831. The firm’s fifty day moving average price is $5.97 and its 200 day moving average price is $5.84. Nuveen Multi-Market Income Fund has a 52 week low of $5.29 and a 52 week high of $6.12.

About Nuveen Multi-Market Income Fund

Nuveen Multi-Market Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors.