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

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 dividend on an annualized basis 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 payment by an average of 11.1% annually over the last three years.

Nuveen New York Quality Municipal Income Fund Price Performance

Nuveen New York Quality Municipal Income Fund stock traded down $0.07 during midday trading on Tuesday, reaching $11.78. The company’s stock had a trading volume of 72,215 shares, compared to its average volume of 71,386. Nuveen New York Quality Municipal Income Fund has a fifty-two week low of $10.56 and a fifty-two week high of $11.93. The stock’s 50 day simple moving average is $11.48 and its 200 day simple moving average is $11.54.

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.