Nuveen Virginia Quality Municipal Income Fund (NPV) recently announced a forthcoming cash dividend of $0.072 per share. This dividend will go ex-dividend on Aug 15, 2025, with the payment scheduled for Sept 2, 2025. Notably, this dividend amount is higher than the average of the last 10 dividends, which stands at $0.059 per share. The most recent dividend, also $0.072 per share, was declared on Aug 1, 2025, emphasizing the fund's consistency in its dividend payouts.
Recently, the short interest in
surged by 55.3% in July, increasing from 21,900 shares to 34,000 shares. This notable rise could indicate growing skepticism or hedging strategies among investors. As of the latest update, analysts are closely monitoring this trend, which may impact market sentiment and the stock's performance in the near term.
Over the past week, NPV's annual dividend yield stands at 7.12%, based on its annual dividend of $0.78 per share, highlighting its attractiveness to income-focused investors. Furthermore, the fund's share price was last recorded at $10.98 on Aug 7, 2025, reflecting a slight decrease of 0.27%. This price movement warrants attention as it might influence investor decisions leading up to the ex-dividend date.
Additionally, municipal bond yields have recently declined amidst a substantial new issue supply of $18 billion and fund inflows of $1.6 billion. These market dynamics, coupled with an increase in U.S. Treasury yields, are crucial factors for stakeholders to consider when evaluating NPV within the broader fixed income landscape.
In conclusion, investors interested in the Nuveen Virginia Quality Municipal Income Fund should note that Aug 15, 2025, is the key ex-dividend date. Purchases made on or after this date will not qualify for the upcoming dividend. Understanding these details is essential for making informed investment decisions regarding NPV.
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