Dividend Information About Nuveen Arizona Quality Municipal Income Fund: Everything You Need to Know Before Its Ex-Dividend Date on Sep 15, 2025

Generated by AI AgentAinvest Dividend Digest
Thursday, Sep 11, 2025 8:26 pm ET1min read
NAZ--
Aime RobotAime Summary

- Nuveen Arizona Quality Municipal Income Fund (NAZ) declared a $0.0655/share cash dividend, set for ex-dividend on Sep 15, 2025, exceeding its 10-year average of $0.0564.

- Market attention rose as short interest increased 30% in August, while the fund’s yield dropped to 6.68% amid concerns over economic slowdown impacts on its municipal bond portfolio.

- NAZ trades at a 2.4% premium to NAV in the municipal income sector, with investors advised to monitor credit quality, liquidity, and management strategies amid shifting risk assessments.


Nuveen Arizona Quality Municipal Income Fund (NAZ) has announced a cash dividend of $0.0655 per share, with an ex-dividend date set for Sep 15, 2025. The dividend was officially declared on Sep 2, 2025, and will be distributed on Oct 1, 2025. This payout is higher than the average of the last 10 dividends, which stood at $0.0564 per share. The most recent dividend in the record was $0.0725 per share, also a cash dividend, announced on the same date as the current declaration. Investors should note that this upcoming payout represents a modest increase compared to recent distributions and reflects the fund’s ongoing focus on generating steady income for shareholders.

Over the past week, NAZ has seen heightened market attention. Short interest in the fund rose by 30.0% in August, reaching 31,600 shares, signaling increased bearish sentiment. Analysts have also noted a recent drop in the fund’s yield to 6.68%, with a current yield of 0.06550, down from 0.0725 in the previous period. Since the last update, market conditions have shifted, with some reports indicating that a potential economic slowdown could negatively impact the fund’s net asset value, given its exposure to lower credit quality municipal bonds. Investors are advised to closely monitor these developments as they could influence both short-term volatility and long-term performance.

As of late, NAZ has been compared to similar closed-end funds in the municipal income space, particularly within the Fixed Income sector, where it currently trades at a 2.4% premium to its net asset value. While its dividend yield remains competitive, recent market dynamics suggest that investors may be reassessing risk exposure in municipal bond portfolios. Given these trends, the fund’s management and investment strategy will be critical in maintaining its position in the sector. Investors should continue to evaluate the fund’s underlying assets, credit quality, and liquidity as key indicators of its resilience in a shifting economic environment.

In conclusion, Nuveen Arizona Quality Municipal Income Fund is preparing to distribute a $0.0655 per share dividend, with the ex-dividend date set for Sep 15, 2025. Investors must purchase shares before this date to be eligible for the payout, as any transactions occurring on or after this date will not qualify for the dividend.

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