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 Thursday, January 2nd,Wall Street Journal reports. Investors 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 dividend on an annualized basis 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 payment by an average of 9.2% per year over the last three years.

Nuveen New York Quality Municipal Income Fund Price Performance

Shares of NYSE NAN remained flat at $11.47 during trading hours on Friday. The company had a trading volume of 39,042 shares, compared to its average volume of 45,071. Nuveen New York Quality Municipal Income Fund has a 1 year low of $10.56 and a 1 year high of $11.93. The business’s fifty day simple moving average is $11.47 and its 200-day simple moving average is $11.48.

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.