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 Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be given a dividend of 0.072 per share by the financial services provider on Tuesday, April 1st. This represents a $0.86 annualized dividend and a dividend yield of 7.33%. The ex-dividend date is Friday, March 14th.

Nuveen New York Quality Municipal Income Fund has raised its dividend by an average of 11.1% per year over the last three years.

Nuveen New York Quality Municipal Income Fund Stock Performance

NYSE:NAN traded down $0.07 during mid-day trading on Tuesday, hitting $11.78. 72,215 shares of the company’s stock traded hands, compared to its average volume of 71,386. The firm’s 50 day simple moving average is $11.48 and its 200 day simple moving average is $11.54. Nuveen New York Quality Municipal Income Fund has a 1 year low of $10.56 and a 1 year high of $11.93.

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.