Nuveen New Jersey Quality Municipal Income Fund Dividend Insights Ahead of Jul 15, 2025 Ex-Dividend Date

Nuveen New Jersey Quality Municipal Income Fund (NXJ) is set to distribute a dividend of $0.079 per share, with an ex-dividend date on Jul 15, 2025, and a dividend payable on Aug 1, 2025. This dividend is classified as a cash dividend. Notably, this amount is higher than the average of the last ten dividends, which stood at approximately $0.058 per share. The previous dividend, distributed on Jul 1, 2025, was also $0.079 per share, marking consistency in the company’s payout strategy.

In recent developments, NXJ has made headlines with several noteworthy updates. Recently, it was reported that NXJ maintains an annual dividend of $0.85 per share, yielding 7.41%, with dividends paid monthly. This consistent payout reflects NXJ's stable financial health and commitment to returning value to shareholders. Over the past week, analysts highlighted the fund’s options chain available on various platforms, showcasing strike prices and expiration dates, which may attract investors interested in strategic trading opportunities. Furthermore, NXJ's performance was noted alongside similar funds, with a modest price increase of 0.06% to $11.43, reflecting slight market optimism. Analysts have indicated that the fund's yield of 8.241% and a discount of 7.8% from its average premium/discount position suggest potential value for investors seeking exposure to municipal income markets.

In conclusion, Nuveen New Jersey Quality Municipal Income Fund continues to demonstrate a strong dividend policy and stable market presence, making it an attractive option for income-focused investors. The ex-dividend date of Jul 15, 2025, marks the last opportunity for investors to purchase shares and receive the upcoming dividend; acquisitions made after this date will not qualify for the current dividend payout.