Nuveen New York Quality Municipal Income Fund to Issue Monthly Dividend of $0.07 (NYSE:NAN)

Nuveen New York Quality Municipal Income Fund (NYSE:NAN) declared a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.072 per share by the financial services provider on Monday, February 3rd. This represents a $0.86 dividend on an annualized basis and a yield of 7.53%. The ex-dividend date is Wednesday, January 15th.

Nuveen New York Quality Municipal Income Fund has decreased its dividend by an average of 9.2% annually over the last three years.

Nuveen New York Quality Municipal Income Fund Price Performance

Shares of Nuveen New York Quality Municipal Income Fund stock remained flat at $11.47 on Friday. 39,042 shares of the stock were exchanged, compared to its average volume of 45,071. Nuveen New York Quality Municipal Income Fund has a twelve month low of $10.56 and a twelve month high of $11.93. The stock’s fifty day simple moving average is $11.47 and its two-hundred day simple moving average is $11.48.

Nuveen New York Quality Municipal Income Fund Company Profile

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.