Nuveen Quality Municipal Income Fund Dividend Details: Insights Ahead of Ex-Dividend Date Aug 15, 2025

Generated by AI AgentAinvest Dividend Digest
Monday, Aug 11, 2025 7:15 pm ET1min read
Aime RobotAime Summary

- Nuveen Quality Municipal Income Fund (NAD) declared a $0.076/share dividend, up from its 10-year average of $0.064, payable Sept 2, 2025.

- Market dynamics show declining municipal bond yields, $18B new issue supply, and $1.6B fund inflows amid investor reassessment of NAD's 8%+ yield.

- Saba Capital and Boaz Weinstein sold 34,883 shares at $10.98-$11.03, retaining ~4.92M shares as market focus intensifies on NAD's performance.

- Aug 15, 2025 is the ex-dividend cutoff date; purchases after this date will miss the upcoming cash distribution.

In anticipation of the upcoming ex-dividend date on Aug 15, 2025, Nuveen Quality Municipal Income Fund (NAD) has announced a dividend of $0.076 per share, scheduled for distribution on Sept 2, 2025. This figure marks an increase compared to the average of the last ten dividends, which stood at approximately $0.064 per share. Both the announcement and the dividend type are characterized by cash distribution. Notably, the most recent dividend announcement before this occurred on Aug 1, 2025, maintaining the same per-share dividend amount and cash distribution type.

Recently, the Nuveen Quality Municipal Income Fund has been under considerable focus due to several key developments. Over the past week, analysts have been evaluating NAD as an investment opportunity, particularly in light of its current market price and a yield exceeding 8%. This recent price weakness in 2025 is prompting investors to reassess its potential. Moreover, municipal bond yields have experienced a decline, accompanied by a new issue supply of $18 billion and fund inflows of $1.6 billion, indicating shifts in the fixed income market dynamics. Additionally, a sale of shares by Saba Capital and Boaz Weinstein has been reported, with 34,883 shares transacted between Aug 7-8, 2025, at prices ranging from $11.03 to $10.98, leaving approximately 4.92 million shares beneficially owned. These events collectively offer insights into NAD's market performance and strategic positioning.

In conclusion, investors should be aware that Aug 15, 2025, marks the ex-dividend date for Nuveen Quality Municipal Income Fund. This date is crucial as it represents the last opportunity for investors to purchase shares and qualify for the upcoming dividend distribution. Any acquisitions made after this date will not be eligible for the dividend in question.

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