Dividend Information About Nuveen New Jersey Quality Municipal Income Fund: Everything You Need to Know Before Its Ex-Dividend Date Oct 15, 2025

Nuveen New Jersey Quality Municipal Income Fund (NXJ) has recently announced a cash dividend of $0.0785 per share, marking a notable increase compared to the average of the last 10 dividend payments, which stood at $0.0582. The ex-dividend date for this distribution is set for Oct 15, 2025, while the record date is Nov 3, 2025, and the payment will be made to eligible shareholders on the same date. The announcement was made on Oct 1, 2025, providing investors with a brief window to adjust their positions accordingly. The most recent dividend declaration by the company, which also falls under the category of a cash dividend, was issued on Oct 1, 2025, at the same amount of $0.0785 per share, highlighting the fund's consistent and recent payment behavior.

Over the past week, there has been heightened interest in Nuveen New Jersey Quality Municipal Income Fund, particularly in light of recent developments in the municipal bond market and broader fixed-income sector. Analysts have noted that as of late, there has been a renewed focus on high-quality municipal income strategies, driven by shifting investor sentiment toward lower-risk assets amid economic uncertainty. Recent reports indicate that the fund has maintained a strong balance sheet and has continued to prioritize income generation for shareholders, aligning with its core investment objective. Additionally, there has been some discussion among market observers regarding the fund’s co-management structure and how it impacts decision-making in volatile market conditions. Since the last update, the fund has remained a key player in the closed-end municipal bond space, with its recent dividend announcement reinforcing its commitment to delivering consistent returns to investors.

In conclusion, Nuveen New Jersey Quality Municipal Income Fund continues to demonstrate stability in its dividend strategy, with the latest payout reflecting a notable increase compared to its historical average. Investors who wish to receive the upcoming dividend must ensure their shares are held before the ex-dividend date of Oct 15, 2025. Any purchase made on or after that date will not qualify for the dividend distribution. Given the recent market environment and the fund’s strategic focus, it remains a relevant option for income-oriented investors seeking exposure to the municipal bond sector.