Nuveen New Jersey Quality Municipal Income Fund Dividend Insights: Key Information Prior to Ex-Dividend Date on Jun 13th, 2025

Recently, Nuveen New Jersey Quality Municipal Income Fund (NXJ) announced a dividend of $0.079 per share, set for Jul 1st, 2025. This dividend is a cash distribution, with the ex-dividend date of Jun 13th, 2025, marking the last opportunity for investors to purchase shares and receive this payout. Compared to the average of the last ten dividends, which stood at $0.058 per share, this distribution is notably higher. The last dividend issued by the company was on Jun 2nd, 2025, also at $0.079 per share, reflecting consistency in the payout amount.

As of late, several noteworthy developments have surfaced regarding Nuveen New Jersey Quality Municipal Income Fund (NXJ). Analysts indicated that Saba Capital Management, L.P. has reduced its stake in NXJ, now comprising 6.07% of its total holdings. This recent transaction has implications for NXJ’s market dynamics, as changes in substantial shareholder positions can influence investor sentiment and fund strategies.

Over the past week, industry insiders have been evaluating the performance of municipal income funds, including Nuveen’s offerings. The broader market environment has seen fluctuations, with particular attention on high yield municipal income funds. While NXJ remains a focal point, related funds such as Nuveen Quality Municipal Income Fund (NAD) have experienced price weaknesses, potentially impacting investor decisions.

Since the last update, there has been an increased interest in municipal securities, underscoring their appeal for tax-exempt investment strategies. Nuveen’s funds, including NXJ, are part of this trend, with investors keenly observing shifts in market conditions and fund performances.

In conclusion, NXJ’s upcoming dividend, set for Jul 1st, 2025, presents an attractive opportunity for current shareholders. The ex-dividend date, Jun 13th, 2025, is the deadline for investors to purchase shares if they wish to receive this dividend. Any acquisitions made after this date will not qualify for the current dividend distribution.