Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) to Issue Monthly Dividend of $0.05 on May 3rd

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) announced a monthly dividend on Tuesday, April 6th, Wall Street Journal reports. Investors of record on Thursday, April 15th will be given a dividend of 0.048 per share by the financial services provider on Monday, May 3rd. This represents a $0.58 dividend on an annualized basis and a yield of 4.22%. The ex-dividend date of this dividend is Wednesday, April 14th.

Shares of NYSE:NRK opened at $13.65 on Thursday. Nuveen New York AMT-Free Quality Municipal Income Fund has a one year low of $11.65 and a one year high of $13.90. The firm has a fifty day moving average price of $13.50 and a two-hundred day moving average price of $13.30.

In other Nuveen New York AMT-Free Quality Municipal Income Fund news, VP Michael A. Perry bought 8,568 shares of Nuveen New York AMT-Free Quality Municipal Income Fund stock in a transaction that occurred on Wednesday, March 10th. The stock was acquired at an average cost of $13.48 per share, for a total transaction of $115,496.64. Following the completion of the transaction, the vice president now directly owns 44,762 shares in the company, valued at $603,391.76. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

About Nuveen New York AMT-Free Quality Municipal Income Fund

Nuveen New York AMT-Free Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in undervalued municipal securities and other related investments the income, covered by insurance from insurers with a claims-paying ability, exempt from regular federal and New York income tax and are rated Baa, BBB or better and having an average maturity of 15.98 years.

See Also: Why Dividend Stocks May Be Right for You

Dividend History for Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK)

Receive News & Ratings for Nuveen New York AMT-Free Quality Municipal Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen New York AMT-Free Quality Municipal Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.