Nuveen Intermediate Duration Munpl Tm Fd (NID) to Issue Monthly Dividend of $0

Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID) announced a monthly dividend on Monday, February 4th, Wall Street Journal reports. Investors of record on Friday, February 15th will be given a dividend of 0.0425 per share by the investment management company on Friday, March 1st. This represents a $0.51 annualized dividend and a yield of 3.97%. The ex-dividend date of this dividend is Thursday, February 14th.

Nuveen Intermediate Duration Munpl Tm Fd has decreased its dividend payment by an average of 4.9% annually over the last three years and has increased its dividend annually for the last 3 consecutive years.

Shares of Nuveen Intermediate Duration Munpl Tm Fd stock opened at $12.86 on Wednesday. Nuveen Intermediate Duration Munpl Tm Fd has a 12 month low of $11.99 and a 12 month high of $12.88.

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Nuveen Intermediate Duration Munpl Tm Fd Company Profile

Nuveen Intermediate Duration Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in fixed income markets of the United States. The fund primarily invests in municipal securities that are exempt from federal income taxes.

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Dividend History for Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID)

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