Nuveen Taxable Municipal Income Fund (NYSE:NBB – Get Free Report) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.0965 per share on Monday, March 3rd. This represents a $1.16 annualized dividend and a yield of 7.20%. The ex-dividend date is Friday, February 14th.
Nuveen Taxable Municipal Income Fund has decreased its dividend payment by an average of 6.0% per year over the last three years.
Nuveen Taxable Municipal Income Fund Stock Performance
NYSE NBB opened at $16.08 on Wednesday. The business has a 50 day simple moving average of $15.65 and a two-hundred day simple moving average of $16.11. Nuveen Taxable Municipal Income Fund has a 1-year low of $14.52 and a 1-year high of $17.31.
About Nuveen Taxable Municipal Income Fund
Nuveen Taxable Municipal 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 also invests some portion of its portfolio in derivative instruments.
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