Nuveen New Jersey Quality Municipal Income Fund: Key Dividend and News Insights Before Aug 15, 2025 Ex-Dividend Date

Generated by AI AgentAinvest Dividend Digest
Monday, Aug 11, 2025 7:25 pm ET1min read
NXJ--
Aime RobotAime Summary

- Nuveen New Jersey Quality Municipal Income Fund (NXJ) declared a $0.079/share dividend, payable on Sep 2, 2025, with an ex-dividend date of Aug 15, 2025.

- The payout exceeds the 10-year average of $0.058/share, reflecting an 8.34% forward yield and improved operational performance.

- NXJ’s annualized $0.85/share dividend (7.43% yield) and stable stock price ($11.43–$11.48) highlight its strong financial health and investor appeal.

- Analysts note NXJ’s consistent payouts and competitive positioning in the municipal income sector, contrasting with peers like Nuveen Municipal High Income Opportunity Fund (NMZ).

The Nuveen New Jersey Quality Municipal Income Fund (NXJ) recently announced its dividend details. The ex-dividend date is set for Aug 15, 2025, with the dividend payment scheduled for Sep 2, 2025, offering shareholders $0.079 per share. This marks an increase compared to the average of the last ten dividends, which stood at approximately $0.058 per share. The latest dividend declared on Aug 1, 2025, maintains the same rate of $0.079 per share, categorized as a cash dividend.

Recently, Nuveen New Jersey Quality Municipal Income Fund declared a monthly dividend of $0.079 per share, translating into a forward yield of 8.34%. This payout is planned for Sep 2, 2025, benefiting shareholders who hold positions by the ex-dividend date. As of late, NXJNXJ-- has been offering an annual dividend of $0.85 per share, with a yield of 7.43%, distributed monthly. The ex-dividend date remains Aug 15, 2025. Additionally, NXJ's stock price has seen fluctuations, reaching a high of $11.48 and a low of $11.43 on Aug 8, 2025. In broader industry news, there have been comparisons of the Nuveen Municipal High Income Opportunity Fund (NMZ) against other stocks based on metrics such as valuation and growth, indicating competitive market dynamics.

Since the last update, NXJ's dividend announcements and market movements have captured considerable attention, underlining the fund's stable financial health. The recent dividend increase reflects positively on NXJ’s operational performance and investor confidence. As analysts suggest, NXJ's fundamentals appear robust, supported by consistent dividend payments and stable stock performance. The fund's strategy and financial metrics continue to attract investor interest, underscoring its role in the municipal income space.

In conclusion, NXJ's upcoming ex-dividend date on Aug 15, 2025, serves as a crucial deadline for investors aiming to secure the latest dividend payout. Any stock purchases made after this date will not qualify for the dividend distributed on Sep 2, 2025.

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