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.
ILLEGAL ACTIVITY NOTICE: “Nuveen Intermediate Duration Munpl Tm Fd (NID) to Issue Monthly Dividend of $0.04 on March 1st” was posted by Fairfield Current and is owned by of Fairfield Current. If you are reading this news story on another domain, it was stolen and republished in violation of U.S. & international trademark & copyright law. The original version of this news story can be read at https://www.fairfieldcurrent.com/news/2019/02/13/nuveen-intermediate-duration-munpl-tm-fd-nid-to-issue-monthly-dividend-of-0-04-on-march-1st.html.
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.
Further Reading: Do back-end load funds outperform no-load funds?
Receive News & Ratings for Nuveen Intermediate Duration Munpl Tm Fd Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Nuveen Intermediate Duration Munpl Tm Fd and related companies with MarketBeat.com’s FREE daily email newsletter.