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

Nuveen New York Quality Municipal Income Fund (NYSE:NAN) announced a monthly dividend on Monday, March 2nd. Stockholders of record on Friday, March 13th will be given a dividend of 0.072 per share by the financial services provider on Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend is Friday, March 13th.

Nuveen New York Quality Municipal Income Fund Price Performance

Shares of Nuveen New York Quality Municipal Income Fund stock traded down $0.01 on Wednesday, reaching $11.52. The company had a trading volume of 31,203 shares, compared to its average volume of 82,855. The firm’s 50-day moving average price is $11.42 and its two-hundred day moving average price is $11.40. Nuveen New York Quality Municipal Income Fund has a 1 year low of $10.69 and a 1 year high of $11.81.

Nuveen New York Quality Municipal Income Fund Company Profile

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.