Nuveen New York Quality Municipal Income Fund (NYSE:NAN) to Issue Dividend of $0.05

Nuveen New York Quality Municipal Income Fund (NYSE:NANGet Rating) declared a dividend on Wednesday, July 6th, investing.com reports. Shareholders of record on Friday, July 15th will be paid a dividend of 0.0485 per share by the financial services provider on Monday, August 1st. This represents a dividend yield of 4.87%. The ex-dividend date of this dividend is Thursday, July 14th. This is a positive change from Nuveen New York Quality Municipal Income Fund’s previous dividend of $0.05.

Shares of Nuveen New York Quality Municipal Income Fund stock opened at $11.96 on Wednesday. The firm has a 50-day simple moving average of $11.61 and a two-hundred day simple moving average of $12.62. Nuveen New York Quality Municipal Income Fund has a fifty-two week low of $11.05 and a fifty-two week high of $15.69.

Several institutional investors and hedge funds have recently added to or reduced their stakes in NAN. Guggenheim Capital LLC raised its position in shares of Nuveen New York Quality Municipal Income Fund by 7.3% during the 1st quarter. Guggenheim Capital LLC now owns 413,547 shares of the financial services provider’s stock worth $5,199,000 after purchasing an additional 28,168 shares during the last quarter. Royal Bank of Canada raised its position in shares of Nuveen New York Quality Municipal Income Fund by 14.9% during the 1st quarter. Royal Bank of Canada now owns 132,708 shares of the financial services provider’s stock worth $1,668,000 after purchasing an additional 17,191 shares during the last quarter. Bank of America Corp DE raised its position in shares of Nuveen New York Quality Municipal Income Fund by 3.0% during the 1st quarter. Bank of America Corp DE now owns 472,410 shares of the financial services provider’s stock worth $5,938,000 after purchasing an additional 13,907 shares during the last quarter. Bank of Montreal Can acquired a new position in shares of Nuveen New York Quality Municipal Income Fund during the 1st quarter worth about $186,000. Finally, Advisor Group Holdings Inc. raised its position in shares of Nuveen New York Quality Municipal Income Fund by 14.3% during the 1st quarter. Advisor Group Holdings Inc. now owns 11,465 shares of the financial services provider’s stock worth $145,000 after purchasing an additional 1,433 shares during the last quarter.

Nuveen New York Quality Municipal Income Fund Company Profile (Get Rating)

Nuveen New York 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 municipal bonds, with a rating of Baa or higher.

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Dividend History for Nuveen New York Quality Municipal Income Fund (NYSE:NAN)

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