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

Nuveen New York Quality Municipal Income Fund (NYSE:NAN) announced a monthly dividend on Friday, January 2nd. Investors of record on Thursday, January 15th will be given a dividend of 0.072 per share by the financial services provider on Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date is Thursday, January 15th.

Nuveen New York Quality Municipal Income Fund Price Performance

Shares of NYSE NAN opened at $11.39 on Tuesday. The company’s 50-day moving average price is $11.43 and its 200 day moving average price is $11.34. Nuveen New York Quality Municipal Income Fund has a 52 week low of $10.69 and a 52 week high of $11.89.

Institutional Investors Weigh In On Nuveen New York Quality Municipal Income Fund

A number of large investors have recently bought and sold shares of the stock. J. L. Bainbridge & Co. Inc. acquired a new stake in shares of Nuveen New York Quality Municipal Income Fund during the third quarter valued at $116,000. Kingsview Wealth Management LLC acquired a new stake in shares of Nuveen New York Quality Municipal Income Fund in the third quarter worth approximately $154,000. Wealth Enhancement Advisory Services LLC raised its stake in Nuveen New York Quality Municipal Income Fund by 41.3% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 14,930 shares of the financial services provider’s stock worth $171,000 after purchasing an additional 4,361 shares during the period. Cresset Asset Management LLC purchased a new stake in shares of Nuveen New York Quality Municipal Income Fund during the 2nd quarter valued at $251,000. Finally, PFG Investments LLC increased its holdings in shares of Nuveen New York Quality Municipal Income Fund by 8.1% during the 2nd quarter. PFG Investments LLC now owns 22,178 shares of the financial services provider’s stock worth $253,000 after buying an additional 1,662 shares during the last quarter.

About Nuveen New York Quality Municipal Income Fund

The Nuveen New York Quality Municipal Income Fund (NYSE: NAN) is a closed-end management investment company that seeks to provide current income exempt from federal and New York State income taxes. The Fund invests principally in a portfolio of investment-grade municipal obligations issued by or on behalf of the State of New York and its political subdivisions. Through its focus on tax-exempt securities, NAN is designed to offer investors an attractive yield advantage relative to taxable alternatives in the New York market.

The Fund’s portfolio is comprised primarily of general obligation and revenue bonds issued by state and local governments, authorities, agencies and instrumentalities within New York.