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

Nuveen New York Quality Municipal Income Fund (NYSE:NAN) announced a monthly dividend on Thursday, October 1st. Investors of record on Thursday, October 15th will be given a dividend of $0.0680 per share by the financial services provider on Monday, November 2nd. This represents a $0.82 annualized dividend and a yield of 8.0%. The ex-dividend date of this dividend is Thursday, October 15th.

Nuveen New York Quality Municipal Income Fund Stock Performance

Shares of NYSE:NAN opened at $10.16 on Friday. The business has a 50-day moving average of $10.76 and a two-hundred day moving average of $11.21. Nuveen New York Quality Municipal Income Fund has a 12 month low of $9.56 and a 12 month high of $11.80.

Institutional Trading of Nuveen New York Quality Municipal Income Fund

A number of hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC raised its holdings in Nuveen New York Quality Municipal Income Fund by 8.2% in the 1st quarter. NewEdge Advisors LLC now owns 11,901 shares of the financial services provider’s stock valued at $133,000 after acquiring an additional 900 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Nuveen New York Quality Municipal Income Fund by 10.3% in the first quarter. Janney Montgomery Scott LLC now owns 45,296 shares of the financial services provider’s stock valued at $505,000 after purchasing an additional 4,235 shares during the period. PFG Investments LLC lifted its holdings in Nuveen New York Quality Municipal Income Fund by 13.0% during the 1st quarter. PFG Investments LLC now owns 37,434 shares of the financial services provider’s stock valued at $417,000 after purchasing an additional 4,316 shares during the last quarter. Western Wealth Management LLC acquired a new position in Nuveen New York Quality Municipal Income Fund in the first quarter valued at approximately $74,000. Finally, David J Yvars Group acquired a new stake in shares of Nuveen New York Quality Municipal Income Fund during the second quarter worth $119,000.

About Nuveen New York Quality Municipal Income Fund

Nuveen New York Quality Municipal Income Fund is a closed-end fund listed on the New York Stock Exchange under the symbol NAN. The fund seeks to provide current income that is exempt from regular federal income tax and New York State and New York City personal income taxes, subject to applicable tax rules.

The fund invests primarily in municipal obligations issued by or on behalf of New York State, New York City, and other New York municipalities and governmental entities. Its portfolio may include bonds used to finance public infrastructure and essential services, such as transportation, education, health care, utilities, and housing.