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

Nuveen New York Quality Municipal Income Fund (NYSE:NAN) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Shareholders of record on Wednesday, January 15th will be paid a dividend of 0.072 per share by the financial services provider on Monday, February 3rd. This represents a $0.86 annualized dividend 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 Stock Performance

Shares of NAN stock remained flat at $11.47 during trading hours on Friday. 39,042 shares of the company were exchanged, compared to its average volume of 45,071. The stock has a 50-day moving average price of $11.47 and a two-hundred day moving average price of $11.48. Nuveen New York Quality Municipal Income Fund has a 12-month low of $10.56 and a 12-month high of $11.93.

About Nuveen New York Quality Municipal Income Fund

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.